Workiva Expects Q1 Total Revenue Of $173M-$175M (Est $173.42M), Adj EPS Of $0.15-$0.19 (Est $0.12)
Portfolio Pulse from Benzinga Newsdesk
Workiva anticipates Q1 total revenue to be between $173M-$175M, slightly above the estimated $173.42M. Additionally, the adjusted EPS is expected to range from $0.15 to $0.19, surpassing the estimated $0.12.
February 20, 2024 | 9:51 pm
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Workiva expects Q1 revenue and adjusted EPS to exceed estimates, indicating a positive financial performance.
Workiva's anticipated higher revenue and adjusted EPS than estimated suggest a strong financial performance for Q1. This positive outlook is likely to instill investor confidence, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100