WD-40 (WDFC) to Release Quarterly Earnings on Tuesday

WD-40 (NASDAQ:WDFC) is expected to be posting its quarterly earnings results before the market opens on Tuesday, April 8th. Analysts expect WD-40 to post 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 posted its quarterly earnings data on Friday, January 10th. The specialty chemicals company reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.10. WD-40 had a return on equity of 31.68% and a net margin of 11.78%. The firm had revenue of $153.30 million for the quarter, compared to the consensus estimate of $147.40 million. During the same quarter in the previous year, the company earned $1.28 EPS. The business’s revenue for the quarter was up 9.2% compared to the same quarter last year. 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 Stock Performance

Shares of WDFC opened at $245.09 on Monday. The company has a 50-day moving average of $237.89 and a two-hundred day moving average of $251.65. The stock has a market cap of $3.32 billion, a price-to-earnings ratio of 46.95 and a beta of 0.03. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.44 and a quick ratio of 1.75. WD-40 has a one year low of $211.03 and a one year high of $292.36.

WD-40 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Friday, April 18th will be given a $0.94 dividend. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $3.76 annualized dividend and a dividend yield of 1.53%. WD-40’s dividend payout ratio (DPR) is presently 72.03%.

Wall Street Analyst Weigh In

Separately, DA Davidson reissued a “buy” rating and set a $322.00 target price 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.