Wall Street expects profits of $2.16 per share for Western Digital Corp (NASDAQ:WDC)'s second quarter

Earnings per share forecasted for the December 2014, second quarter by analysts for Western Digital Corp (NASDAQ:WDC) have been adjusted down and now ranging between $2.05 and $2.35 per share with a consensus of $2.16 per share.RECOMMENDATIONS

• Western Digital Corp (NASDAQ:WDC) has a consensus recommendation of a buy.
• The recommendations made by twenty-five analysts evaluating the company include six strong buy, thirteen buy, five hold and one underperform.
• The average consensus recommendation for the Computer Peripherals peer group is a buy.

FORECAST CHANGES

• Currently, twenty-two analysts are providing Thomson Reuters I/B/E/S with estimates.
• Within the last week, three estimates were revised upward and seven downward.
• There has been an addition of one estimate during the past four weeks.
• Four weeks ago, the consensus earnings per share estimate was $2.20 per share.
• High estimate four weeks ago was $2.35 and the low estimate was $1.98.

YEAR OVER YEAR

• Current quarter consensus estimate of $2.16 per share implies a change of -1.23% from the same quarter last year when the company earned $2.19 per share.
• Peer group earnings are projected to increase relative to the the corresponding quarter last year and have been scaled down over the last four weeks.