These Analysts Slash Their Forecasts On Workday After Q3 Results - Workday (NASDAQ:WDAY)

Core Insights - Workday, Inc. reported quarterly earnings of $2.32 per share, exceeding the analyst estimate of $2.18, and quarterly revenue of $2.43 billion, surpassing the Street estimate of $2.42 billion [1][2] Financial Performance - Quarterly earnings per share: $2.32, beating the estimate of $2.18 [1] - Quarterly revenue: $2.43 billion, exceeding the estimate of $2.42 billion [1] Market Reaction - Workday shares increased by 3.1%, closing at $233.69 [2] Analyst Ratings and Price Targets - Bernstein analyst Mark Moerdler maintained an Outperform rating but lowered the price target from $304 to $298 [5] - Keybanc analyst Jason Celino maintained an Overweight rating and reduced the price target from $285 to $260 [5]