WDC - Western Digital Likely To Report Q1 Loss; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts | Benzinga
Western Digital Corporation (NASDAQ: WDC) is expected to release financial results for its first quarter fiscal year 2024, before the opening bell on Oct. 30, 2023.
Analysts expect the company to post a quarterly loss at $1.91 per share, compared to year-ago earnings of 20 cents per share. The company’s revenue might come in at $2.65 billion, compared to $3.59 billion in the year-ago period.
According to a recent Nikkei Asia report, Western Digital ended talks with Kioxia regarding a potential merger after failing to secure approval from certain Kioxia shareholders.
Western Digital shares gained 1.9% ...