Western Digital 4Q Earnings Pregame Scorecard

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Having topped analysts' estimates last quarter by 94 cents per share, Western Digital (NASDAQ:WDC) is expected to deliver its latest earnings on Wednesday, July 25, 2012.

Expectations

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Analysts currently expect Western Digital to come in with earnings of $2.46 per share on revenues of $4.25 billion. Estimates range from earnings per share to earnings per share. Over the past three months, the average estimate has moved up from $2.25.

Stock Movement

The stock fell $4.10 per share between May 25, 2012 and June 1, 2012. Looking at change over the last three months, April 23, 2012 and July 18, 2012, the stock price fell $8.02 (-19.4%), from $41.42 to $33.40.

Company Fundamental Trends Net income has improved by a year-over-year average of 44.1% over the previous four quarters, and the company heads into its upcoming earnings announcement with solid profits of late.

Stock Ratings

Analysts think investors should stand pat on Western Digital with nine of 18 analysts rating it hold.

Last Quarter's Results

In the third quarter, profit rose more than threefold to $483 million ($1.96 a share) from $146 million (62 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 34.8% to $3.04 billion from $2.25 billion.

Summary

Reporting Period: 4Q

Date of Release: Wednesday, July 25, 2012

EPS: $2.46

Revenue Estimate: $4.25 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)