Stock Track | WD-40 Stock Drops After Q4 Earnings Miss Estimates

Stock Track10-18

Shares of WD-40 Company (WDFC) plummeted over 5% in pre-market trading on Thursday after the household products maker reported fiscal fourth quarter adjusted earnings that missed Wall Street estimates. The company also provided a disappointing full-year earnings forecast for 2025.

For Q4, WD-40 posted adjusted earnings per share of $1.23, below the analyst consensus estimate of $1.34. While sales grew 11% year-over-year to $156 million and topped expectations, profits were impacted by higher costs. Looking ahead, the company forecast 2025 adjusted EPS of $5.20-$5.45, well below the $5.68 average analyst estimate.

Despite the earnings miss, D.A. Davidson reiterated its 'buy' rating on WD-40 shares and raised its price target from $303 to $322. Through Thursday's close, the stock had gained around 11% year-to-date.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1183620806?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-18 21:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1183620806","market":"hk","top_or_hot":-1,"title":"Stock Track | WD-40 Stock Drops After Q4 Earnings Miss Estimates","media":"Stock Track","content":"<p>Shares of WD-40 Company (WDFC) plummeted over 5% in pre-market trading on Thursday after the household products maker reported fiscal fourth quarter adjusted earnings that missed Wall Street estimates. The company also provided a disappointing full-year earnings forecast for 2025.</p>\n\n<p>For Q4, WD-40 posted adjusted earnings per share of $1.23, below the analyst consensus estimate of $1.34. While sales grew 11% year-over-year to $156 million and topped expectations, profits were impacted by higher costs. Looking ahead, the company forecast 2025 adjusted EPS of $5.20-$5.45, well below the $5.68 average analyst estimate.</p>\n\n<p>Despite the earnings miss, D.A. Davidson reiterated its 'buy' rating on WD-40 shares and raised its price target from $303 to $322. Through Thursday's close, the stock had gained around 11% year-to-date.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | WD-40 Stock Drops After Q4 Earnings Miss Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | WD-40 Stock Drops After Q4 Earnings Miss Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n2024-10-18 21:32 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of WD-40 Company (WDFC) plummeted over 5% in pre-market trading on Thursday after the household products maker reported fiscal fourth quarter adjusted earnings that missed Wall Street estimates...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WDFC","symbol_name":"WD-40","start_time":0,"source_url":"","article_id":"1183620806","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1183620806","pubTimestamp":1729258347,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of WD-40 Company  plummeted over 5% in pre-market trading on Thursday after the household products maker reported fiscal fourth quarter adjusted earnings that missed Wall Street estimates. The company also provided a disappointing full-year earnings forecast for 2025.For Q4, WD-40 posted adjusted earnings per share of $1.23, below the analyst consensus estimate of $1.34. While sales grew 11% year-over-year to $156 million and topped expectations, profits were impacted by higher costs. Loo","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"WDFC":"WD-40"},"translate_title":"股票追踪WD-40股票在第四季度盈利未达预期后下跌","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WDFC":1},"content_text":"Shares of WD-40 Company (WDFC) plummeted over 5% in pre-market trading on Thursday after the household products maker reported fiscal fourth quarter adjusted earnings that missed Wall Street estimates. The company also provided a disappointing full-year earnings forecast for 2025.\nFor Q4, WD-40 posted adjusted earnings per share of $1.23, below the analyst consensus estimate of $1.34. While sales grew 11% year-over-year to $156 million and topped expectations, profits were impacted by higher costs. Looking ahead, the company forecast 2025 adjusted EPS of $5.20-$5.45, well below the $5.68 average analyst estimate.\nDespite the earnings miss, D.A. Davidson reiterated its 'buy' rating on WD-40 shares and raised its price target from $303 to $322. Through Thursday's close, the stock had gained around 11% year-to-date.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1183620806"}