Workday Announces Fiscal 2019 Third Quarter Financial Results

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Workday (WDAY) PT Raised to $160 at Cowen

November 30, 2018 8:06 AM EST

Cowen analyst J. Derrick Wood raised the price target on Workday (NASDAQ: WDAY) to $160.00 (from $145.00) while maintaining a Market Perform rating.

Wood commented, "Consistent with our preview, WDAY reported a solid qtr with est. ST sub billings growth of 43% coming in ahead... More

Workday (WDAY) PT Raised to $185 at Monness, Crespi, Hardt

November 30, 2018 7:50 AM EST

Monness, Crespi, Hardt analyst Brian White raised the price target on Workday (NASDAQ: WDAY) to $185.00 (from $175.00) while maintaining a Buy rating.

White commented, "Workday reported strong 3Q:FY19 results and raised its FY:19 revenue outlook, while also providing a solid... More

Workday (WDAY) PT Raised to $155 at Credit Suisse

November 30, 2018 7:04 AM EST

Credit Suisse analyst Brad Zelnick raised the price target on Workday (NASDAQ: WDAY) to $155.00 (from $150.00) while maintaining a Neutral rating.

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Workday (WDAY) PT Raised to $170 at RBC Capital

November 30, 2018 6:48 AM EST

RBC Capital analyst Ross MacMillan raised the price target on Workday (NASDAQ: WDAY) to $170.00 (from $159.00) while maintaining an Outperform rating.

"F3Q19 was a strong quarter with accelerating ACV bookings across both HCM and FM," MacMillan commented. "We view FY20 initial guidance as prudent and see scope for ongoing revisions."

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Workday (WDAY) Tops Q3 EPS by 17c, Updates FY Guidance

November 29, 2018 4:03 PM EST

Workday (NASDAQ: WDAY) reported Q3 EPS of $0.31, $0.17 better than the analyst estimate of $0.14. Revenue for the quarter came in at $743.2 million versus the consensus estimate of $723 million.

GUIDANCE:

Workday sees FY2019 subscription revenue of $2.375-2.377 billion.

"We had a great third... More