SanDisk Q1 Likely To Be In Line With Preannouncement

By | April 14, 2015

Scalper1 News

SanDisk (SNDK) is expected to see a decline in Q1 revenue and earnings in line with its preannouncement, and analysts anticipate lower guidance for Q2 when the flash-memory chipmaker reports financial results after the market closes Wednesday. Analysts polled by Thomson Reuters expect SanDisk earnings per share minus items of 66 cents, down 54% from the year-earlier quarter. Revenue is expected to drop 13.6% to $1.306 billion from Q1 2014. SanDisk Scalper1 News

Scalper1 News