Western Digital Announces Financial Results For Third Fiscal Quarter 2016

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Go back to Western Digital Announces Financial Results For Third Fiscal Quarter 2016

Baird Downgrades Western Digital Corp. (WDC) to Neutral

April 29, 2016 6:30 AM EDT

Baird downgraded Western Digital Corp. (NASDAQ: WDC) from Outperform to Neutral with a price target of $50.00 (from $55.00), saying pricing pressure is a concern.

Analyst Jayson Noland commented, "WD guided to a weaker-than-expected June quarter based on challenges in the PC market and the performance... More

Western Digital (WDC) Misses Q3 EPS by 8c

April 28, 2016 4:17 PM EDT

Western Digital (NASDAQ: WDC) reported Q3 EPS of $1.21, $0.08 worse than the analyst estimate of $1.29. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.88 billion.

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

... More