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Why Workday (WDAY) is Poised to Beat Earnings Estimates Again
Zacks Investment Research· 2024-02-02 18:11
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Workday (WDAY) , which belongs to the Zacks Internet - Software industry, could be a great candidate to consider.This maker of human resources software has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 11.84%.For the most recent quarter, Workday ...
Why Workday (WDAY) is a Top Momentum Stock for the Long-Term
Zacks Investment Research· 2024-02-02 15:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?Developed along ...
Carl Eschenbach Takes the Helm as Workday CEO
Prnewswire· 2024-01-31 14:00
Official Appointment Follows a Year of Strong Business Momentum, International Expansion, and Leadership Team Growth PLEASANTON, Calif., Jan. 31, 2024 /PRNewswire/ -- Workday (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced it has officially named Carl Eschenbach CEO effective February 1, 2024. Eschenbach was named co-CEO alongside Aneel Bhusri, Workday's co-CEO, co-founder, and chair in December of 2022. Bhusri will remain integral to the organizati ...
Workday (WDAY) Declines More Than Market: Some Information for Investors
Zacks Investment Research· 2024-01-31 00:21
Workday (WDAY) closed at $294.86 in the latest trading session, marking a -0.63% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.06% for the day. Elsewhere, the Dow gained 0.35%, while the tech-heavy Nasdaq lost 0.76%.Shares of the maker of human resources software have appreciated by 7.49% over the course of the past month, outperforming the Computer and Technology sector's gain of 6.36% and the S&P 500's gain of 3.36%.Investors will be eagerly watching for the pe ...
EZE Cloud Consulting is now an official Workday Partner
Businesswire· 2024-01-30 12:46
PALO ALTO, Calif. & SINGAPORE & LONDON--(BUSINESS WIRE)--EZE Cloud Consulting, a fast-growing Workday-only advisory and consulting firm, is honored to announce that it is now an official Workday Partner. Workday (NASDAQ: WDAY) is a leading provider of enterprise cloud applications for finance and human resources. Founded in 2020 amid the pandemic, reaching this accomplishment is a testament to the remarkable journey of EZE Cloud and its employees who have worked tirelessly to help their 20+ global custom ...
Workday (WDAY) Rides on Solid Demand in Retail and Hospitality
Zacks Investment Research· 2024-01-15 17:02
Workday Inc. (WDAY) has revealed that its retail and hospitality business has crossed the $1 billion mark in annual recurring revenues, backed by multiple customer wins.In the current evolving market scenario, enterprises often grapple with a multitude of challenges spanning financial processes, workforce dynamics and overall business operations. An IDC report suggests that around 44% of retailers lack visibility in business operations across front and back offices. This hinders management's ability to effe ...
Workday: Growth Should Accelerate In FY25
Seeking Alpha· 2024-01-12 09:30
AzmanL Summary Following my coverage of Workday, Inc. (NASDAQ:WDAY), I recommended a hold rating as I did not see any attractive upside to the share price. Reality has proven otherwise, as the stock went up to $276. This post is to provide an update on my thoughts on the business and stock. I am revising my rating from hold to buy as I turned more bullish on WDAY's ability to accelerate growth in FY25. As WDAY shows that growth can accelerate back to 20%, I expect the market to re-rate valuation upwards ...
Workday Announces Continued Retail Industry Momentum Driven By Accelerated Demand for AI Solutions that Help Fuel Organizational Agility and Growth
Prnewswire· 2024-01-11 14:00
More Than 55% of the NRF Top 100 Retailers Are Using Workday to Elevate the Frontline Worker Experience, Increase Productivity, and Manage Operational Costs PLEASANTON, Calif., Jan. 11, 2024 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced continued momentum in the retail industry, with the company's retail and hospitality business exceeding $1 billion in annual recurring revenue (ARR). Leading global retailers including ...
Workday Global Survey Reveals AI Trust Gap in the Workplace
Prnewswire· 2024-01-10 13:00
Leaders and Employees Have a Lack of Trust When it Comes to the Responsible Development and Deployment of AI PLEASANTON, Calif., Jan. 10, 2024 /PRNewswire/ -- Workday, Inc (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today published its latest global study, which found that an AI trust gap has formed in the workplace. Business leaders and employees are in agreement that AI holds great opportunities for business transformation, however, there is a lack of trust t ...
Workday(WDAY) - 2023 Q3 - Earnings Call Transcript
2023-11-29 01:25
Workday, Inc. (NASDAQ:WDAY) Q3 2023 Earnings Call Transcript November 28, 2023 4:30 PM ET Company Participants Justin Furby - Vice President, Investor Relations Carl Eschenbach - Co-Chief Executive Officer Aneel Bhusri - Co-Chief Executive Officer Doug Robinson - Co-President Zane Rowe - Chief Financial Officer Conference Call Participants Mark Murphy - JPMorgan Kash Rangan - Goldman Sachs Kirk Materne - Evercore Luv Sodha - Jefferies Brad Sills - Bank of America Alex Zukin - Wolfe Research Raimo Lenschow - ...