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Sandisk (NASDAQ:SNDK) Releases Q1 2027 Earnings Guidance
['Latisha Jones']
Daily Political
Sandisk (NASDAQ:SNDK – Get Free Report) issued an update on its first quarter 2027 earnings guidance on Wednesday morning.
The company issued revenue guidance of $10.3 billion-$10.8 billion, compared to the consensus revenue estimate of $10.4 billion.
Sandisk Stock Down 6.8%Sandisk stock traded down $91.92 during trading hours on Thursday, reaching $1,258.58.
EPS guidance of $44 to $46 exceeded estimates, but revenue guidance of $10.3 billion to $10.8 billion was below some elevated Wall Street forecasts.
Sandisk Quarterly Revenue GuidanceEPS guidance of $44 to $46 exceeded estimates, but revenue guidance of $10.3 billion to $10.8 billion was below some elevated Wall Street forecasts.