WD-40 Reports Strong Q1 Earnings Surpassing Expectations

Author: Dominic Sanders Updated: 01-10-2025 04:42 PM

WD-40's Q1 Earnings Overview

WD-40 has recently disclosed its earnings for the first quarter. This has caught the attention of investors and market analysts, especially considering the company's impressive performance metrics.

Earnings Performance

The company outperformed expectations by posting an earnings per share (EPS) of $1.39, which is 8.0% higher than analysts' predictions of $1.29. This positive surprise demonstrates WD-40's ability to capitalize on market demands and adjust its strategies effectively.

Year-on-Year Revenue Growth

In addition to the earnings beat, WD-40 reported a notable increase in revenue, rising by $13.08 million compared to the same quarter last year. This growth not only highlights the brand's strong market position but also reflects its ongoing commitment to innovation and customer satisfaction.

Comparative Earnings Insights

Reviewing recent performance is essential for understanding the company's trajectory. In the previous quarter, WD-40 fell short of earnings expectations by $0.11, resulting in a 5.0% drop in share prices the following day. However, this latest performance indicates a positive recovery.

Historical Earnings Records

To provide a clearer picture of WD-40's financial history, it's insightful to look back at their earnings records:

Quarterly Performance:

Below is a summary of WD-40's past earnings performance:

EPS and Revenue Data:

EPS Estimates: Q4 2024: 1.34, Q3 2024: 1.38, Q2 2024: 1.11, Q1 2024: 1.05
EPS Actuals: Q4 2024: 1.23, Q3 2024: 1.46, Q2 2024: 1.14, Q1 2024: 1.28
Revenue Estimates: Q4 2024: 149.19M, Q3 2024: 145.80M, Q2 2024: 140.51M, Q1 2024: 134.37M
Revenue Actuals: Q4 2024: 155.99M, Q3 2024: 155.04M, Q2 2024: 139.10M, Q1 2024: 140.42M

Future Outlook

WD-40 continues to adapt its business practices, indicating prospects for continued growth and sustainability in the coming quarters. Investors are keenly watching how the company will leverage its strengths to capture more market share.

Frequently Asked Questions

What was the EPS for WD-40 in Q1?

The EPS for WD-40 in Q1 was $1.39, surpassing expectations of $1.29.

How did WD-40's revenue perform compared to last year?

WD-40's revenue increased by $13.08 million compared to the same quarter last year, indicating strong growth.

What was the performance of WD-40 in the previous quarter?

In the previous quarter, WD-40 missed its EPS target by $0.11, which subsequently led to a drop in share prices.

What are analysts expecting for future quarters?

Analysts expect WD-40 to maintain its growth trajectory as the company continues to innovate and adapt to market demands.

Where can I find detailed earnings information for WD-40?

Detailed earnings information for WD-40 can be found in their official earnings announcements and financial reports.

About The Author

Dominic Sanders here, a writer and financial specialist committed to helping my readers understand the world of finance. Having a strong financial background and a lot of experience, I concentrate on using my blog posts and articles to translate difficult financial subjects into understandable, doable advice. My goal in writing is to arm you with the information and skills need to make wise financial choices.

Writing for several financial blogs has let me interact with a wide range of readers, from novice investors seeking new perspectives to seasoned investors. My mission is to make money understandable and approachable so you may confidently take charge of your financial future. I appreciate you walking this road with me to success and financial literacy.

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