Workiva Inc. (NYSE:WK) is expected to report third quarter earnings results, after market close, on Wednesday 4th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.12 per share.
Looking ahead, the full year loss are expected at $ 0.24 per share on the revenues of $ 342.19 million.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ -0.13 ~ $ -0.12 per share, while revenues are expected in a range of $ 84.30 million ~ $ 84.80 million
Full Year 2020 topline are forecasted in a range of$ 341.50 million ~ $ 342.50 million, where as bottomline are predicted in a range of $ -0.26 ~ $ -0.23 per share
Click Here For More Historical Outlooks Of Workiva Inc.
Previous Quarter Performance
Workiva Inc. unveiled loss for the second quarter of $ 0.06 per share, from the revenue of $ 83.86 million. The quarterly revenues raised 14.13 percent compared with the same quarter last year. Wall street analysts are predicting, WK to report 2Q20 loss of $ 0.15 per share from revenue of $ 80.64 million. The bottom line results beat street analysts by $ 0.09 or 60.00 percent, at the same time, top line results outshined analysts by $ 3.22 million or 3.99 percent.
Stock Performance
Shares of Workiva Inc. traded up $ 0.70 or 1.25 percent on Tuesday, reaching $ 56.78 with volume of 341.30 thousand shares. Workiva Inc. has traded high as $ 57.70 and has cracked $ 55.96 on the downward trend
According to the previous trading day, closing price of $ 56.78, representing a 154.79 % increase from the 52 week low of $ 22.01 and a 8.81 % decrease over the 52 week high of $ 61.50.
The company has a market capital of $ 2.71 billion and is part of the Technology sector and Software – Application industry.
Conference Call
Workiva Inc. will be hosting a conference call at 5:00 PM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.workiva.com
Workiva Inc. provides cloud-based solutions for connected data, reporting, and compliance worldwide. The company offers Wdesk, a platform that provides data collection and linking, data integrations, controlled collaboration, granular permissions, process management, and full audit trail services; and Wdata, which includes data preparation tools, data connectors, and application programming interfaces that enable customers to create direct connections to their data.
