© Reuters Western Digital Earnings, Income Beat in Q3
Investing.com – Western Digital (NASDAQ:) reported on Thursday third quarter that beat analysts’ forecasts and income that topped expectations.
Western Digital introduced earnings per share of $1.65 on income of $4.38B. Analysts polled by Investing.com anticipated EPS of $1.49 on income of $4.34B.
Western Digital shares are down 19% from the start of the 12 months, nonetheless down 32.72% from its 52 week excessive of $78.19 set on June 4, 2021. They’re under-performing the S&P 500 which is down 10.04% from the beginning of the 12 months.
Western Digital shares gained 1.12% in after-hours commerce following the report.
Western Digital follows different main Info Expertise sector earnings this month
Western Digital’s report follows an earnings beat by Apple on Thursday, who reported EPS of $1.52 on income of $97.28B, in comparison with forecasts EPS of $1.43 on income of $94.15B.
Microsoft had beat expectations on Tuesday with third quarter EPS of $2.22 on income of $49.36B, in comparison with forecast for EPS of $2.19 on income of $49.01B.
Keep up-to-date on the entire upcoming earnings experiences by visiting Investing.com’s earnings calendar
