This story originally appeared on Zacks
Western Digital (WDC) closed at $65.93 in the latest trading session, marking a +1.1% move from the prior day. This change outpaced the S&P 500’s 0.64% gain on the day. At the same time, the Dow added 0.68%, and the tech-heavy Nasdaq gained 0.46%.
Prior to today’s trading, shares of the maker of hard drives for businesses and personal computers had gained 13.37% over the past month. This has outpaced the Computer and Technology sector’s gain of 1.46% and the S&P 500’s gain of 4.56% in that time.
Wall Street will be looking for positivity from Western Digital as it approaches its next earnings report date. In that report, analysts expect Western Digital to post earnings of $2.47 per share. This would mark year-over-year growth of 257.97%. Meanwhile, our latest consensus estimate is…