Western Digital Beats Q4 Estimates Amid Growth

Western Digital reported outstanding fourth-quarter financial results, exceeding analyst projections on both earnings and revenue. The company announced quarterly earnings of $3.56 per share, surpassing the Street estimate of $3.29 by a notable 7.88%. Revenue for the quarter reached $3.75 billion, an increase from $2.61 billion in the same period last year and higher than the consensus estimate of $3.69 billion.

Management expressed confidence in the company's long-term growth trajectory, citing expanding cloud and data-intensive workloads. For the first quarter of fiscal year 2027, Western Digital provided guidance that also exceeded expectations. The company anticipates adjusted earnings per share between $3.85 and $4.15, with revenue projected to be between $4 billion and $4.2 billion, indicating sustained positive momentum.