Western Digital Earnings, Revenue beat in Q3 By Investing.com

Western Digital reported on Thursday third quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Western Digital announced earnings per share of $1.02 on revenue of $4.14B. Analysts polled by Investing.com anticipated EPS of $0.6802 on revenue of $3.97B.

Western Digital shares are up 26% from the beginning of the year and are trading at $75.00 , down-from-52-week-high.They are outperforming the S&P 500 which is up 12.13% from the start of the year.

Western Digital shares gained 5.46% in after-hours trade the report.

Western Digital follows other major Technology sector earnings this month

Western Digital’s report follows an earnings beat by Apple on Wednesday, who reported EPS of $1.4 on revenue of $89.58B, compared to forecasts EPS of $0.983 on revenue of $76.71B.

Microsoft had beat expectations on Tuesday with third quarter EPS of $1.95 on revenue of $41.71B, compared to forecast for EPS of $1.78 on revenue of $41.04B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar