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San Jose, California-based Western Digital Corporation (WDC) develops, manufactures, and sells data storage devices and solutions in the United States and internationally. With a market cap of $22.6 billion, the company offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for desktop and notebook personal computers and others. The company is poised to announce its fiscal Q4 earnings results on Thursday, July 30.
Ahead of this event, analysts expect the company to report a profit of $1.37 per share, up 9.6% from $1.25 per share in the year-ago quarter. The company has surpassed or matched Wall Street's bottom-line estimates in three of the past four quarters, while missing on one occasion.
