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WD-40 Co Q4 Profit Falls, misses estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

WD-40 Co (WDFC) released earnings for fourth quarter that dropped from last year.

The company's profit came in at $8.4 million, or $0.61 per share. This compares with $19.6 million, or $1.42 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.23 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.2% to $115.2 million from $111.6 million last year.

WD-40 Co earnings at a glance:

-Earnings (Q4): $8.4 Mln. vs. $19.6 Mln. last year.
-EPS (Q4): $0.61 vs. $1.42 last year.
-Analysts Estimate: $1.23
-Revenue (Q4): $115.2 Mln vs. $111.6 Mln last year.

-Guidance:
Next quarter EPS guidance: $5.24-$5.38
Next quarter revenue guidance: $522-$542 Mln

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