WD-40 Company (NASDAQ:WDFC) developer homecare and cleaning products, is reporting fourth quarter earnings results on Tuesday 20th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 1.13 per share.
For the full year, analysts predict revenues of $ 399.35 million, while looking forward to income of $ 4.11 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 436.00 million ~ $ 453.00 million, where as bottomline are predicted in a range of $ 4.74 ~ $ 4.83 per share
Click Here For More Historical Outlooks Of WD-40 Company
Previous Quarter Performance
WD-40 Company unfold income for the third quarter of $ 1.06 per share, from the revenue of $ 98.25 million. The quarterly earnings fell 18.46 percent while revenues reduced 13.81 percent compared with the same quarter last year.
Street analysts expected WD-40 Company to report income of $ 1.07 per share on revenue of $ 108.10 million for the third quarter. The bottom line results missed street analysts by $ 0.01 or 0.93 percent, at the same time, top line results fell short of analysts by $ 9.85 million or 9.11 percent.
Stock Performance
Shares of WD-40 Company traded low $ -2.18 or -1.10 percent on Monday, reaching $ 195.75 with volume of 77.40 thousand shares. WD-40 Company has traded high as $ 199.91 and has cracked $ 195.27 on the downward trend
According to the previous trading day, closing price of $ 195.75, representing a 30.94 % increase from the 52 week low of $ 151.16 and a 6.5 % decrease over the 52 week high of $ 211.68.
The company has a market capital of $ 2.67 billion and is part of the Basic Materials sector and Specialty Chemicals industry.
Conference Call
WD-40 Company will be hosting a conference call at 5:00 PM eastern time on 20th October 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.wd40company.com
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 offers multi-purpose maintenance products, including aerosol sprays, non-aerosol trigger sprays, and in liquid-bulk form products under the WD-40 Multi-Use brand name for various consumer uses and industrial applications; specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand; and bicycle maintenance products comprising wet and dry chain lubricants, chain cleaners and degreasers, and foaming wash products for avid and recreational cyclists, bike enthusiasts, and mechanics under the WD-40 Bike brand name. It also provides multi-purpose and specialty drip oils, and spray lubricant products, as well as other specialty maintenance products under the 3-IN-ONE brand name; and professional spray maintenance products and lubricants for the bike market under the GT85 brand name.
