Workiva: Q4 Earnings Insights

Comments
Loading...

Workiva WK reported its Q4 earnings results on Tuesday, February 22, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Workiva beat estimated earnings by 150.0%, reporting an EPS of $0.03 versus an estimate of $-0.06.

Revenue was up $26.95 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.26 which was followed by a 7.86% increase in the share price the next day.

Here's a look at Workiva's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate -0.11 -0.01 0.07 0
EPS Actual 0.15 0.07 0.12 0.09
Revenue Estimate 108.31M 101.64M 100.44M 90.55M
Revenue Actual 112.69M 105.59M 104.22M 93.83M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Workiva management provided guidance for their next quarter, expecting earnings between $-0.16 and $-0.14 per share for the next quarter.

This represents a -600.0% in quarter-over-quarter growth for Workiva, a bearish signal to many investors.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!