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Minneapolis, Minnesota-based Dayforce Inc. (DAY) is a human capital management software company that offers various cloud-based solutions, including payroll and workforce management. With a market cap of $8.4 billion, Dayforce’s operations span the U.S., Canada, and internationally. It is expected to announce its Q2 earnings before the market opens on Wednesday, July 31.
Ahead of the event, analysts expect Dayforce to report a profit of $0.18 per share, up 200% from $0.06 per share reported in the year-ago quarter. The company has surpassed Wall Street’s EPS projections in two of the past four quarters while missing on other two occasions. Its EPS for the last reported quarter missed the consensus estimate by 8.7%.