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Barchart
Barchart
Kritika Sarmah

Here's What to Expect From Western Digital's Next Earnings Report

Western Digital WDC

Western Digital Corporation (WDC), valued at a market cap of $22.1 billion, specializes in developing, manufacturing, and selling data storage devices and solutions. Headquartered in San Jose, California, the company provides an extensive portfolio of hard disk drives and solid-state drives, widely used in consumer electronics such as desktop PCs, video game consoles, and digital video recorders. Western Digital is scheduled to release its fiscal Q2 earnings results after the market closes on Thursday, Jan. 23. 

Ahead of this event, analysts expect the tech company to report a profit of $1.67 per share, up 283.5% from a loss of $0.91 per share in the year-ago quarter. The company has consistently topped or touched Wall Street's earnings estimates in each of the last four quarters. 

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