Shares of Workday (NASDAQ:WDAY) rose 0.1% after the company reported Q2 results.
Quarterly Results
Earnings per share increased 46.43% year over year to $1.23, which beat the estimate of $0.78.
Workday (NASDAQ:WDAY) reported quarterly earnings of $1.23 per share which beat the analyst consensus estimate of $0.78 by 57.69 percent. This is a 46.43 percent increase over earnings of $0.84 per share from the same
For the rest of the week, the focus for investors and traders will be squarely on the Fed at the Jackson Hole Symposium as we await comments from chair Jerome Powell on Friday. Market participants are looking for further insight as to the Fed’s position on when they expect to begin tapering the $120B in monthly asset purchases currently in place.
Companies Reporting Before The Bell
• Gambling.com Gr (NASDAQ:GAMB) is likely to report quarterly earnings at $0.07 per share on revenue of $10.38 million.
Workday (NASDAQ:WDAY) announces its next round of earnings this Thursday, August 26. Here is Benzinga's everything-that-matters guide for this Thursday's Q2 earnings announcement.
Over the past three months, shares of Workday (NASDAQ:WDAY) gained by 1.8% on Friday. Before we understand the importance of debt, let us look at how much debt Workday has.