Workday Q3 2024 Adj. EPS $1.56 Beats $1.41 Estimate, Revenue $1.87B Beats $1.848B Estimate
Portfolio Pulse from Benzinga Newsdesk
Workday reported Q3 2024 adjusted earnings per share (EPS) of $1.56, surpassing the analyst estimate of $1.41. Revenue for the quarter was $1.87 billion, also exceeding the expected $1.848 billion.
November 28, 2023 | 9:03 pm
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Workday's Q3 2024 financial results exceeded analyst expectations, with an adjusted EPS of $1.56 against an estimate of $1.41, and revenue of $1.87B against an estimate of $1.848B.
Workday's reported earnings and revenue for Q3 2024 are significantly higher than analyst estimates, which is likely to be viewed positively by investors. This outperformance could lead to a short-term increase in stock price as the market reacts to the positive news.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100