Should You Buy, Sell or Hold DAY Stock Prior to Q3 Earnings Release?

Dayforce (DAY) is set to report its third-quarter 2024 results on Oct. 30. DAY expects third-quarter 2024 revenues between $425 million and $430 million, indicating growth between 13% and 14% on a GAAP and constant-currency basis. The Zacks Consensus Estimate for third-quarter earnings has been unchanged at 45 cents per share over the past 60 days, suggesting 21.62% growth from the figure reported in the year-ago quarter. The Zacks Consensus Estimate for third-quarter revenues is pegged at $428.43 million, ...