WD-40 (WDFC) Set to Announce Quarterly Earnings on Wednesday
WD-40 (NASDAQ:WDFC) is scheduled to be announcing its Q1 earnings results after the market closes on Wednesday, January 8th. WD-40 has set its FY14 guidance at $2.65-2.80 EPS.Investors that wish to register for the company’s conference call can do so using this link.
WD-40 (NASDAQ:WDFC) last posted its quarterly earnings results on Thursday, October 17th. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.08. The company had revenue of $93.50 million for the quarter, compared to the consensus estimate of $90.05 million. During the same quarter in the previous year, the company posted $0.56 earnings per share. The company’s revenue for the quarter was up 10.2% on a year-over-year basis. On average, analysts expect WD-40 to post $2.75 EPS for the current fiscal year and $3.04 EPS for the next fiscal year.
Shares of WD-40 (NASDAQ:WDFC) opened at 74.71 on Tuesday. WD-40 has a one year low of $47.00 and a one year high of $79.31. The stock has a 50-day moving average of $74.49 and a 200-day moving average of $65.20. The company has a market cap of $1.140 billion and a P/E ratio of 29.82.
The company also recently announced a quarterly dividend, which is scheduled for Friday, January 31st. Shareholders of record on Monday, January 6th will be paid a dividend of 0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 1.82%. The ex-dividend date is Thursday, January 2nd. This is a positive change from WD-40′s previous quarterly dividend of $0.31.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of WD-40 from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, December 18th. They now have a $79.20 price target on the stock. Finally, analysts at Janney Montgomery Scott raised their price target on shares of WD-40 from $58.00 to $70.00 in a research note to investors on Friday, October 18th. They now have a “neutral” rating on the stock.
WD-40 Company is a global consumer products company dedicated to delivering solutions for a range of maintenance needs of doer and on-the-job users.
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