Western Digital (WDC) Issues Solid Q1 Results, But Q2 Guidance Sends Investors Packing

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Analysts Sarcastic on Western Digital (WDC) Results

October 23, 2012 11:42 AM EDT

Needham & Company maintained a Strong Buy on Western Digital Corp. (NASDAQ: WDC) and adjusted its price target to $46.00 (from $53.00). Commenting on Western Digital Corp. Q1 results yesterday, analysts stuck a sarcastic tone.

"What did we really learn last night? That PC demand is... More

Western Digital Corp. (WDC) Tops Q1 EPS by 6c

October 22, 2012 4:17 PM EDT

Western Digital Corp. (NASDAQ: WDC) reported Q1 EPS of $2.36, $0.06 better than the analyst estimate of $2.30. Revenue for the quarter came in at $4 billion versus the consensus estimate of $3.98 billion.

For earnings history and earnings-related data on Western Digital Corp. (WDC) click here.... More