WD-40 (WDFC) to Release Earnings on Tuesday

WD-40 (NASDAQ:WDFC) is expected to be releasing its earnings data 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 issued its earnings results on Friday, January 10th. The specialty chemicals company reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.10. The firm had revenue of $153.30 million for the quarter, compared to analysts’ expectations of $147.40 million. WD-40 had a return on equity of 31.68% and a net margin of 11.78%. The company’s revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the business earned $1.28 earnings per share. 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 stock opened at $244.00 on Tuesday. The stock has a market cap of $3.31 billion, a PE ratio of 46.74 and a beta of -0.10. The stock has a 50-day moving average of $236.73 and a 200-day moving average of $252.04. 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 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, April 18th will be paid a $0.94 dividend. This represents a $3.76 annualized dividend and a yield of 1.54%. The ex-dividend date of this dividend is Thursday, April 17th. WD-40’s payout ratio is presently 72.03%.

Wall Street Analyst Weigh In

Separately, DA Davidson reissued a “buy” rating and issued a $322.00 price target on shares of WD-40 in a report 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.