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