Western Digital (WDC) Tops Q1 Earnings and Revenue Estimates

Core Insights - Western Digital (WDC) reported quarterly earnings of $1.78 per share, exceeding the Zacks Consensus Estimate of $1.59 per share, and matching the earnings from the previous year [1] - The earnings surprise was +11.95%, with the company having surpassed consensus EPS estimates in all four quarters of the past year [2] Financial Performance - The company generated revenues of $2.82 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 3.54%, but down from $4.1 billion year-over-year [3] - Western Digital has also exceeded consensus revenue estimates in the last four quarters [3] Stock Performance - Since the beginning of the year, Western Digital shares have increased by approximately 137.1%, significantly outperforming the S&P 500's gain of 17.2% [4] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $1.70 for the upcoming quarter and $6.67 for the current fiscal year [8] - The Zacks Rank for Western Digital is currently 1 (Strong Buy), indicating expectations for the stock to outperform the market in the near future [7] Industry Context - The Computer-Storage Devices industry, to which Western Digital belongs, is currently ranked in the top 15% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [9]