Workday, Inc. ($WDAY) 2Q21 Earnings Preview

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Workday, Inc. (NASDAQ:WDAY) is reporting second quarter earnings results on Thursday 27th August 2020, after market close.

The consensus estimates from Thomson Reuters are income of $ 0.66 per share from $ 1042.99 million in revenue.

For the full year, analysts predict revenues of $ 4190.77 million, while looking forward to income of $ 2.27 per share.

Previous Quarter Performance

Workday, Inc. communicated income for the first quarter of $ 0.44 per share, from the revenue of $ 1,018.00 million. According to street consensus, WDAY was expected to report 1Q21 income of $ 0.47 per share from revenue of $ 1,000.00 million. The bottom line results missed street analysts by $ 0.03 or 6.38 percent, at the same time, top line results outshined analysts by $ 18.00 million or 1.80 percent.

Stock Performance

Shares of Workday, Inc. traded up $ 19.59 or 10.10 percent on Wednesday, reaching $ 213.62 with volume of 6.20 million shares. Workday, Inc. has traded high as $ 214.95 and has cracked $ 199.43 on the downward trend

The closing price of $ 213.62, representing a 80.07 % increase from the 52 week low of $ 107.75 and a 9.73 % decrease over the 52 week high of $ 214.95.

The company has a market capital of $ 50.20 billion and is part of the Technology sector and Software – Application industry.

Conference Call

Workday, Inc. will be hosting a conference call at 4:30 PM eastern time on 27th August 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/gop59qud

Workday, Inc. provides enterprise cloud applications worldwide. Its applications help its customers to manage critical business functions and optimize their financial and human capital resources.