Workiva: Q4 Earnings Insights - Workiva (NYSE:WK)

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.

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.

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).

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.