Western Digital (WDC) Tops Q1 Earnings and Revenue Estimates

Western Digital (WDC) came out with quarterly earnings of $1.78 per share, beating the Zacks Consensus Estimate of $1.59 per share. This compares to earnings of $1.78 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +11.95%. A quarter ago, it was expected that this maker of hard drives for businesses and personal computers would post earnings of $1.48 per share when it actually produced earnings of $1.66, delivering a surprise ...