Earnings Estimates Rising for Dayforce (DAY): Will It Gain?

Core Viewpoint - Dayforce (DAY) is positioned as a strong investment opportunity due to its improving earnings outlook and analysts' increasing earnings estimates [1][2]. Earnings Estimates - Analysts are optimistic about Dayforce's earnings prospects, leading to higher estimates that are expected to positively impact the stock price [2]. - For the current quarter, Dayforce is projected to earn $0.45 per share, reflecting a year-over-year increase of +21.62% [4]. - The consensus estimate for the current quarter has risen by 7.5% over the last 30 days, with two estimates increasing and two decreasing [4]. - For the full year, the expected earnings per share is $1.84, which is a +21.85% change from the previous year [5]. - In the past month, five estimates for the current year have increased, resulting in a 19.73% rise in the consensus estimate [5]. Zacks Rank - Dayforce has achieved a Zacks Rank 2 (Buy), indicating strong agreement among analysts regarding the positive earnings revisions [6]. - The Zacks Rank system has a proven track record, with Zacks 1 (Strong Buy) stocks averaging a +25% annual return since 2008 [3]. Stock Performance - Dayforce shares have increased by 8.6% over the past four weeks, suggesting investor confidence in the company's earnings growth potential [7].