Dayforce Inc reports results for the quarter ended in September 30 - Earnings Summary

Dayforce

30/10/2024 15:12

* Dayforce Inc  DAY.N  reported quarterly adjusted earnings
of 47
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 37 cents.  The mean expectation of sixteen analysts for the
quarter was for earnings of 43 cents per share. Wall Street
expected results to range from 36 cents to 52 cents per share.
    * Revenue rose 16.6% to $440.00 million from a year ago;
analysts
expected $428.31 million. 
    * Dayforce Inc's reported EPS for the quarter was 1 cent​.
    * The company reported quarterly net income of $2 million.
    * Dayforce Inc shares had risen by 6.6% this quarter and
lost 2.7%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Dayforce Inc is
$71.00 
This summary was machine generated from LSEG data October 30 at
03:12 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.43           0.47           Beat
 Jun. 30 2024      0.36           0.48           Beat
 Mar. 31 2024      0.42           0.43           Beat
 Dec. 31 2023      0.32           0.50           Beat