WD-40 Jumps 11% on July 10 After Beating Q3 Earnings Forecast

According to Barron's, WD-40 (WDFC-US) surged nearly 11% on Friday, July 10, after the home and cleaning products manufacturer delivered strong third-quarter results. Q3 revenue climbed 24% year-over-year to $195.1 million, significantly outpacing analyst expectations of $172.8 million, while earnings per share reached $2.33 versus the Wall Street consensus of $1.56.

The company also raised its full-year EPS guidance to $6.05–$6.35 from the prior range of $5.75–$6.15, above the market consensus of $6.01. Growth accelerated across all regions, with Americas revenue up 29% and Asia-Pacific up 24%.