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Sandisk blows past quarterly earnings expectations, forecasts blockbuster Q3 numbers
['Matt Phillips']
Sherwood News | RSS Feed
Here’s what it reported:Non-GAAP diluted earnings per share of $6.20 vs. the $3.62 forecast by Wall Street analysts polled by FactSet.
Revenue of $3.03 billion vs. a $2.69 billion consensus forecast from FactSet.
Guidance for Q3 non-GAAP EPS of $12 to $14 vs. Wall Street’s $5.11 expectation.
Guidance for Q3 revenue of $4.40 billion to $4.80 billion vs. the $2.93 billion analyst forecast.
Sandisk rose nearly 560% in 2025, making it the best-performing stock in the S&P 500, to which it was added in November.