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Minneapolis, Minnesota-based Dayforce Inc (DAY) operates as a human capital management software company, offering various cloud-based human resources solutions, including payroll and tax, workforce management, and more. With a market cap of $10.3 billion, its operations span the United States, Canada, and internationally. DAY is expected to announce its Q3 earnings before the market opens on Wednesday, Oct. 30.
Ahead of the event, analysts expect Dayforce to report a profit of $0.25 per share, up 78.6% from $0.14 per share reported in the year-ago quarter. The company has surpassed Wall Street’s earnings estimates in three of the past four quarters while missing on another occasion. Its adjusted EPS for the last reported quarter grew an impressive 283.3% year-over-year to $0.23, exceeding the consensus estimates by 27.8%.
