Workday (WDAY) Tops Q3 EPS by 7c
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Go back to Workday (WDAY) Tops Q3 EPS by 7c
November 25, 2014 2:56 PM EST
Deutsche Bank earlier maintained a Hold rating on Workday (NYSE: WDAY) and lowered its price target to $90.00 (from $100.00).
Analyst Karl Keirstead said, "Workday (WDAY) posted mixed 3QF15 results relative to high Street expectations, with billings of $242 million up 57%, slightly below our $245 million... More
November 25, 2014 9:30 AM EST
Goldman Sachs maintained a Neutral rating on Workday (NYSE: WDAY) and lowered its price target to $90.00 (from $95.00). The change follows Q3 results and reflects lower billings estimates.
Analyst Heather Bellini said, "Billings once again outperformed, coming in at $242mn or growth of 57% and compared to 56% growth posted in F2Q15 (consensus $233mn or +51%), with... More
November 25, 2014 8:48 AM EST
FBR Capital analyst Samad Samana lowered his price target on Workday (NYSE: WDAY) to $100.00 (from $110.00) following Q3 results but maintained an Outperform rating.
Samana commented, "Workday, Inc. (WDAY) reported a strong F3Q, as revenue, billings, and EPS beat consensus estimates. Looking forward, we think management's F4Q outlook suggests momentum remains healthy in the near term. However, we believe all eyes will be on WDAY's first-blush FY16 (CY15) outlook that calls for no more than 40% revenue growth, which was below consensus... More
