Workday Earnings Miss, Revenue Inline In Q1
2022.05.26 23:16
Workday Earnings Miss, Revenue Inline In Q1
Investing.com – Workday (NASDAQ:WDAY) reported on Thursday first quarter earnings that missed analysts’ forecasts and revenue that was inline with expectations.
Workday announced earnings per share of $0.83 on revenue of $1.43B. Analysts polled by Investing.com anticipated EPS of $0.8547 on revenue of $1.43B.
Workday shares are down 31% from the beginning of the year, still down 45.37% from its 52 week high of $307.81 set on November 17, 2021. They are under-performing the S&P 500 which is down 14.85% from the start of the year.
Workday shares lost 8.42% in after-hours trade following the report.
Workday follows other major Information Technology sector earnings this month
Workday’s report follows an earnings beat by Apple on April 28, who reported EPS of $1.52 on revenue of $97.28B, compared to forecasts EPS of $1.42 on revenue of $94.03B.
NVIDIA had beat expectations on Wednesday with first quarter EPS of $1.36 on revenue of $8.29B, compared to forecast for EPS of $1.3 on revenue of $8.12B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
