Workday Earnings Perspective: Return On Capital Employed
Portfolio Pulse from Benzinga Insights
Workday (NASDAQ:WDAY) reported Q1 earnings of $136 thousand, a 100.11% increase from the previous quarter, and sales of $1.68 billion, a 2.31% increase since Q4. The company posted a return on capital employed (ROCE) of 0.0%, indicating effective capital allocation. Workday's Q1 earnings per share of $1.31 beat analyst predictions of $1.12.

May 26, 2023 | 2:50 pm
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Workday reported a 100.11% increase in Q1 earnings and a 2.31% increase in sales since Q4. The company's ROCE of 0.0% indicates effective capital allocation, and its Q1 earnings per share beat analyst predictions.
Workday's Q1 earnings and sales increased significantly, and its ROCE indicates effective capital allocation. These factors, combined with the company beating analyst predictions, suggest a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100