Workday, Inc. (NYSE:WDAY) Expected to Post Earnings of $0.86 Per Share

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Wall Street brokerages expect Workday, Inc. (NYSE:WDAYGet Rating) to post earnings of $0.86 per share for the current quarter, according to Zacks Investment Research. Thirty analysts have provided estimates for Workday’s earnings, with the lowest EPS estimate coming in at $0.79 and the highest estimate coming in at $0.96. Workday posted earnings per share of $0.87 during the same quarter last year, which would indicate a negative year-over-year growth rate of 1.1%. The company is expected to announce its next earnings report after the market closes on Monday, January 1st.

According to Zacks, analysts expect that Workday will report full year earnings of $3.60 per share for the current fiscal year, with EPS estimates ranging from $3.07 to $4.22. For the next financial year, analysts expect that the business will post earnings of $4.57 per share, with EPS estimates ranging from $3.87 to $5.30. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that that provide coverage for Workday.

Workday (NYSE:WDAYGet Rating) last released its quarterly earnings data on Monday, February 28th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.01). The business had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.36 billion.

Separately, StockNews.com upgraded shares of Workday from a “hold” rating to a “buy” rating in a report on Thursday, May 12th.

Shares of WDAY stock opened at $162.95 on Thursday. Workday has a fifty-two week low of $161.62 and a fifty-two week high of $307.81. The stock has a 50 day simple moving average of $217.22.

About Workday (Get Rating)

Workday, Inc provides enterprise cloud applications worldwide. Its applications help its customers to plan, execute, analyze, and extend to other applications and environments, and to manage their business and operations. The company offers a suite of financial management applications, which enable chief financial officers to maintain accounting information in the general ledger; manage financial processes; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations.

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