Workday Announces Fiscal 2016 Third Quarter Financial Results
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Piper Jaffray Takes Victory Lap After Weak Workday (WDAY) Guidance
November 20, 2015 8:55 AM ESTKatherine Eggbert from Piper Jaffray took a victory lap on Neutral-rated Workday (NYSE: WDAY) after the quarter. Despite showing upside in the quarter, management guided below consensus and the stock is indicated down 8% in the premarket. Eggbert had a Neutral rating and a $62 PT on the stock. The announcement of Aon... More
Wedbush Downgrades Workday (WDAY) to Neutral
November 20, 2015 7:18 AM ESTWedbush downgraded Workday (NYSE: WDAY) from Outperform to Neutral with a price target of $84.00 (from $99.00), citing disappointing deceleration.
Analyst Steve Koenig commented, "WDAYs 3Q revenue beat was modest ($2M above consensus). Over the last two quarters, subscription growth has declined... More
Workday (WDAY) Reports Q3 Loss Per Share of 41c, Offers Q4 Guidance
November 19, 2015 4:05 PM ESTWorkday (NYSE: WDAY) reported Q3 EPS of ($0.41), may not compare to the analyst estimate of ($0.04). Revenue for the quarter came in at $305.3 million versus the consensus estimate of $303.5 million.
"We had a strong third quarter, and welcomed our largest financial management and HCM... More
