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Workday announced earnings per share of $0.44 on revenue of $1.02B. Analysts polled by Investing.com anticipated EPS of $0.49 on revenue of $1B. That with comparison to EPS of $0.43 on revenue of $825.1M in the same period a year before. Workday had reported EPS of $0.5 on revenue of $976.3M (NYSE:MMM) in the previous quarter. Analysts are expecting EPS of $0.53 and revenue of $1.05B in the upcoming quarter.
Workday shares are up 8% from the beginning of the year , still down 25.01% from its 52 week high of $226.83 set on July 12, 2019. They are outperforming the S&P 500 which is down 6.46% year to date.
Workday shares gained 2.88% in after-hours trade following the report.
Workday’s report follows an earnings beat by Microsoft on April 29, who reported EPS of $1.4 on revenue of $35.02B, compared to forecasts EPS of $1.27 on revenue of $33.66B.
Apple had beat expectations on April 30 with second quarter EPS of $2.55 on revenue of $58.31B, compared to forecast for EPS of $2.24 on revenue of $54.78B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
