Workday Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Avi Kapoor
Workday, Inc. (NASDAQ:WDAY) is expected to report higher Q2 earnings, with analysts forecasting $1.65 per share, up from $1.43 last year, and revenue of $2.07 billion. Analysts have revised price targets downward, despite maintaining positive ratings. Workday recently partnered with Axonify.
August 22, 2024 | 6:48 pm
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Workday is expected to report higher Q2 earnings, with EPS forecasted at $1.65. Analysts have lowered price targets but maintain positive ratings. A new partnership with Axonify could influence future performance.
Workday is expected to report higher earnings, which is generally positive for stock prices. However, analysts have lowered price targets, indicating some caution. The new partnership with Axonify could provide additional growth opportunities, supporting a positive short-term outlook.
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IMPORTANCE 80
RELEVANCE 100