Waiting for WDAY's upcoming earnings report? Here's a quick look at what's happening:

Workday Inc (WDAY) is ready to report earnings on August 25. Here's a few things you should know about before they make the announcement.

A consensus of analyst reports suggests Workday Inc will report an EPS (earnings per share) of $0.80, GAAP of -$0.35, on revenue of $1.52B. Over the last 90 days, analysts have lowered estimates 22 times and raised them 4 times.

Workday Inc bulls will obviously be hoping that the earnings report beats the analysts' estimates. But they'll also want to hear that the earnings beat was on higher than expected revenues. Finally, they'll want the company to paint a picture that leads analysts to conclude this is just the start of an exciting growth story.

WDAY bears will be listening for news that the company underperformed the analysts' estimates. After that they'll want to hear about a negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters

If you haven't traded too many earnings reports, it's important to be aware that sometimes the majority of a stock's price movement can be caused by the analysts' estimates, rather than from the earnings report itself. As you see more of these, your ability to recognize one or the other will improve.

Share price moves can have an impact on existing shareholder sentiment. As of August 17 shares of WDAY are trading at $177.79. Over the last 52-week period, the price is down -42.24%.