Workday Reports Earnings While Software Stocks Crumble
Market Intelligence Analysis
AI-PoweredWorkday's fourth-quarter earnings are expected to show mid-teens sales growth and strong free cash flow, despite the decline in software stocks and predictions of AI's impact.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
Workday reports fourth-quarter earnings Tuesday afternoon amid a crash in software stocks and predictions that artificial intelligence will bring its imminent demise. For this quarter at least, Wall Street analysts still see mid-teens sales growth backed by strong free cash flow. Adjusted earnings per share are projected at $2.32, up from $1.92 last year.
Analysis and insights provided by AnalystMarkets AI.