Trader consensus assigns a 57% market-implied probability that WD-40 (WDFC) will beat consensus estimates for its fiscal Q4 2026 earnings, scheduled for release after the close on October 21. The primary driver is the company's recent momentum, highlighted by a substantial Q3 beat where EPS reached $2.33 against analyst estimates near $1.57–$1.59 and revenue exceeded forecasts by over 10%. This performance reflects strong sales growth across regions and improved gross margins. However, Q4 carries typical seasonal headwinds, with consensus EPS at approximately $1.13—down sharply from Q3 levels—and mixed results in prior fourth quarters. Traders are balancing this history of frequent beats against potential input cost volatility and the absence of major new catalysts ahead of the report.