Workday (WDAY) has once again outperformed Wall Street expectations, posting strong financial results for its first fiscal quarter ended April 2025. The enterprise cloud software provider reported adjusted earnings of $2.23 per share, surpassing the Zacks Consensus Estimate of $1.99. This marks a notable jump from $1.74 per share reported in the same quarter last year.
The earnings beat reflects a 12.06% surprise, following a similarly strong performance in the previous quarter, where Workday delivered $1.92 per share against a forecast of $1.75—an upside of 9.71%. The company has now exceeded EPS estimates for four consecutive quarters.
Workday also posted quarterly revenue of $2.24 billion, up from $1.99 billion a year ago, and ahead of the $2.22 billion forecast. This revenue beat by 1.10% continues the company’s streak of outperforming consensus revenue expectations for the fourth straight quarter.
The stock has gained approximately 4.1% year-to-date, outperforming the broader S&P 500, which declined by 0.6% in the same period.
As investors look ahead, attention will shift to Workday’s earnings outlook and management’s insights during the earnings call. Future stock movement will likely hinge on how current and projected earnings estimates evolve, a factor closely tracked by tools such as the Zacks Rank, known for leveraging earnings revisions to predict short-term stock trends.
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News Source: Finance.yahoo.com
