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Workday Inc (NASDAQ:WDAY) shares fell almost 4% in pre-market trading on Monday as brokers mulled the software firm's guidance following a fourth-quarter earnings beat. Adjusted earnings climbed 58% to US$1.57 per share over the last three months of the year, the firm said overnight, above analysts' forecasts for US$1.47.
Workday, Inc. (NASDAQ:WDAY) Q4 2024 Earnings Conference Call February 26, 2024 4:30 PM ET
Shares of Workday Inc. fell 8% in after-hours trading Monday after the software company merely met revenue expectations for the latest quarter, while announcing an artificial-intelligence deal.
The headline numbers for Workday (WDAY) give insight into how the company performed in the quarter ended January 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Workday (WDAY) reported its fourth-quarter results after the market close on Monday. Adjusted earnings per share of $1.57 was better than the $1.47 estimate, while revenue of $1.9 billion was in line with expectations.
Human resources software provider Workday beat fourth-quarter profit estimates on Monday helped by strong demand for its cloud-based services, but reiterated its 2025 subscription revenue forecast citing macroeconomic concerns.
Workday (WDAY) came out with quarterly earnings of $1.57 per share, beating the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $0.99 per share a year ago.
Workday on Monday reported fourth-quarter earnings that topped estimates while revenue missed Wall Street targets.
Software firm Workday reported a strong fiscal fourth quarter, and agreed to acquire start-up HiredScore.
Workday (WDAY) is likely to have witnessed a healthy top-line expansion in the fourth quarter of fiscal 2024, backed by an increasing demand for its diversified product portfolio.