WDAY · PEAD ↑ 26

Workday reported Q2 FY2027 EPS of $2.58 on 2026-08-27, beating the $1.26 consensus by $1.32 (+104.8%).

Print-day reaction was +1.5% versus the prior close, a muted move relative to the scale of the EPS beat. The overnight gap reversed course, opening the following session down 1.5%, suggesting initial post-market enthusiasm gave way to profit-taking. Over the subsequent two trading days the stock drifted down 3.1%, unwinding the print-day gain and then some. Cumulative abnormal return of +4.6% versus SPY.US tips the three-day window into PEAD long territory, albeit with modest conviction; the holding window runs through 2026-11-24.