Workday, Inc. (NASDAQ:WDAY) is expected to report third quarter earnings results, after market close, on Thursday 19th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.67 per share.
Looking ahead, the full year income are expected at $ 2.53 per share on the revenues of $ 4267.12 million.
Previous Quarter Performance
Workday, Inc. came out with income for the second quarter of $ 0.84 per share, from the revenue of $ 1,062.00 million. The quarterly earnings 90.91 percent compared with the same quarter last year. According to street consensus, WDAY was expected to report 2Q21 income of $ 0.66 per share from revenue of $ 1042.99 million. The bottom line results beat street analysts by $ 0.18 or 27.27 percent, at the same time, top line results outshined analysts by $ 19.01 million or 1.82 percent.
Stock Performance
Shares of Workday, Inc. traded low $ -3.17 or -1.40 percent on Wednesday, reaching $ 223.61 with volume of 1.77 million shares. Workday, Inc. has traded high as $ 228.20 and has cracked $ 222.36 on the downward trend
According to the previous trading day, closing price of $ 223.61, representing a 110.47 % increase from the 52 week low of $ 107.75 and a 8.83 % decrease over the 52 week high of $ 248.75.
The company has a market capital of $ 53.00 billion and is part of the Technology sector and Software – Application industry.
Recent Analyst recommendations
- On 14th October 2020, upgraded by UBS Group to Neutral from Sell rating, with $ 235.00 target price.
- On 7th October 2020, upgraded by Jefferies Financial Group to Buy from Hold rating.
- On 2nd October 2020, upgraded by Stifel Nicolaus to Buy from Hold rating.
- On 1st October 2020, upgraded by Citigroup to Buy from Neutral rating, with $ 265.00 target price.
Conference Call
Workday, Inc. will be hosting a conference call at 4:30 PM eastern time on 19th November 2020, to discuss its 3Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.workday.com
Workday, Inc. provides enterprise cloud applications worldwide. Its applications help its customers to manage critical business functions and optimize their financial and human capital resources.
