WD-40 (WDFC) Expected to Announce Quarterly Earnings on Tuesday

WD-40 (NASDAQ:WDFC) is projected to announce its earnings results before the market opens on Tuesday, April 8th. Analysts expect the company to announce earnings of $1.27 per share and revenue of $154.40 million for the quarter. WD-40 has set its FY25 guidance at $5.20-$5.45 EPS and its FY 2025 guidance at 5.200-5.450 EPS.

WD-40 (NASDAQ:WDFC) last issued its quarterly earnings results on Friday, January 10th. The specialty chemicals company reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.10. The company had revenue of $153.30 million during the quarter, compared to analyst estimates of $147.40 million. WD-40 had a net margin of 11.78% and a return on equity of 31.68%. The business’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.28 EPS. On average, analysts expect WD-40 to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

WD-40 Trading Down 1.5 %

WD-40 stock opened at $245.09 on Monday. WD-40 has a 12-month low of $211.03 and a 12-month high of $292.36. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.44 and a quick ratio of 1.75. The stock has a market capitalization of $3.32 billion, a PE ratio of 46.95 and a beta of 0.03. The firm has a 50 day simple moving average of $237.89 and a 200-day simple moving average of $251.65.

WD-40 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, April 18th will be paid a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date is Thursday, April 17th. WD-40’s payout ratio is currently 72.03%.

Wall Street Analyst Weigh In

Separately, DA Davidson reissued a “buy” rating and issued a $322.00 price objective on shares of WD-40 in a research note on Monday, January 27th.

About WD-40

WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides multi-purpose maintenance products that include aerosol sprays, non-aerosol trigger sprays, precision pens, and in liquid-bulk form products under the WD-40 Multi-Use brand name; specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand; and bike-specific products.