Western Digital Corporation (WDC) Q1 2021 Earnings Results

Western Digital Corp Beats on EPS, Stock Down 3.75%

Western Digital's earnings report shows a significant beat on EPS, which indicates better-than-expected profitability. However, the stock fell by 3.75%, likely due to concerns over revenue visibility and supply chain challenges. Investors may be cautious as the company navigates these issues moving forward.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.65	N/A	+92.31%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Overall, management expressed optimism about future demand but acknowledged ongoing supply chain issues. They did not provide specific guidance for the upcoming quarters.

Management highlighted strong demand for storage solutions.

They emphasized ongoing challenges in supply chain logistics.

Western Digital Corp Beats on EPS, Stock Down 3.75%

Key numbers

Management commentary

Western Digital Corporation

More earnings this week

Western Digital Corp Beats on EPS, Stock Down 3.75%

Key numbers

Management commentary