Earnings Outlook For WD-40

Benzinga · 10/16 16:00

WD-40 (NASDAQ:WDFC) will release its quarterly earnings report on Thursday, 2024-10-17. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate WD-40 to report an earnings per share (EPS) of $1.34.

The announcement from WD-40 is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Earnings History Snapshot

In the previous earnings release, the company beat EPS by $0.08, leading to a 4.04% increase in the share price the following trading session.

Here's a look at WD-40's past performance and the resulting price change:

Quarter Q3 2024 Q2 2024 Q1 2024 Q4 2023
EPS Estimate 1.38 1.11 1.05 1.21
EPS Actual 1.46 1.14 1.28 1.21
Price Change % 4.0% -9.0% 15.0% -0.0%

eps graph

Market Performance of WD-40's Stock

Shares of WD-40 were trading at $260.85 as of October 15. Over the last 52-week period, shares are up 29.56%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for WD-40 visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.