Workday stock price target raised to $112 from $95 at UBS

1 BUSINESS

Business News - Opportunities - Reviews

 

 

Workday shares fall despite company earnings beat

Shares of Workday Inc. fell almost 2% late Tuesday after the company surpassed fourth-quarter expectations. Workday lost $89.1 million, or 42 cents a share, in the quarter, compared with a loss of $88.2 million, or 44 cents a share, in the year-ago period. Adjusted for one-time items, Workday earned 28 cents a share, compared with 16 cents a share in the same period last year. Revenue rose to $583 million, from $439 million, and included subscriptions of $490 million. Analysts polled by FactSet had expected adjusted earnings of 20 cents on sales of $574 million. Workday shares ended the regular trading day up 0.3%.

1 BUSINESS

Business News - Opportunities - Reviews

 

 

Leave a Reply