Workiva Q1 2024 Adj EPS $0.22 Beats $0.17 Estimate, Sales $175.667M Beat $174.081M Estimate
Portfolio Pulse from Benzinga Newsdesk
Workiva (NYSE:WK) reported Q1 2024 adjusted EPS of $0.22, surpassing the $0.17 estimate, marking a 283.33% increase from last year's losses. Sales reached $175.667M, exceeding the $174.081M estimate, a 16.96% year-over-year growth.
May 02, 2024 | 9:25 pm
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Workiva reported a significant beat on both EPS and sales for Q1 2024, with EPS at $0.22 against a $0.17 estimate and sales of $175.667M against a $174.081M estimate.
Workiva's significant beat on both earnings per share and sales estimates, coupled with a substantial year-over-year growth, indicates strong financial health and operational efficiency. This performance is likely to positively influence investor sentiment and could lead to an uptick in stock price in the short term.
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