Workiva (WK) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.16 per share a year ago.
Workiva Inc. is experiencing robust growth in large enterprise contracts and maintains high net retention, supporting a Strong Buy rating and $107 fair value target. The company is still early in international expansion, offering significant growth potential as it increases its presence in Europe and Asia Pacific. Despite near-term headwinds from cautious IT spending and service revenue transition, I view these as temporary and expect 17% revenue growth.
Shares of Workiva have dropped ~10% after reporting Q1 results, despite the company maintaining its full-year outlook, amid macroeconomic turmoil. Meanwhile, the company continues to post high-teens growth rates, while gross retention is exceeding the company's expectations. Focus on the long-term drivers: the company is moving upmarket with larger multi-product deals, while also planning to triple operating margins by FY27.
Workiva Inc. (NYSE:WK ) Q1 2025 Results Conference Call May 1, 2025 5:00 PM ET Company Participants Katie White - Senior Director, Investor Relations Julie Iskow - Chief Executive Officer Jill Klindt - Chief Financial Officer Mike Rost - Chief Strategy Officer. Conference Call Participants Patrick Schulz - Baird Steve Enders - Citi Jake Roberge - William Blair Adam Hotchkiss - Goldman Sachs Ryan Krieger - Wolfe Research Dominique Manansala - Truist Andrew DeGasperi - BNP Paribas Brett Huff - Stephens John Messina - Raymond James Operator Good afternoon, ladies and gentlemen.
While the top- and bottom-line numbers for Workiva (WK) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Workiva (WK) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.22 per share a year ago.
Workiva takes center stage as U.S. agencies race to meet strict financial upgrade mandates.
Shares of Workiva have crashed more than 30% this year on worries for an ESG pullback. Meanwhile, ESG is only a minority slice of Workiva's $35 billion global TAM, the majority of which consists of regular corporate and financial reporting automation tools. The company notes that new sweeping regulations in Europe are driving greater adoption of Workiva's compliance toolkit, regardless of the U.S. political climate.
Running a global organization is becoming increasingly complex. Managers are tasked with overseeing remote employees who are working across dozens of digital applications, so chasing down valuable data can be a time-consuming ordeal.
Workiva (WK 5.57%) stock is posting big gains in Wednesday's trading. The company's share price was up 5.5% as of 3:25 p.m.
The headline numbers for Workiva (WK) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Workiva (WK) came out with quarterly earnings of $0.33 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.30 per share a year ago.