Western Digital (WDC) Q1 Earnings Surpass Estimates

Western Digital (WDC) came out with quarterly earnings of $1.78 per share, beating the Zacks Consensus Estimate of$ 1.74 per share. This compares to loss of $1.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.30%. A quarter ago, it was expected that this maker of hard drives for businesses and personal computers would post earnings of$ 1.26 per share when it actually produced earnings of $1.44, delivering a surprise of 14. ...