Ceridian(US:CDAY) ZACKS·2025-05-07 13:15Company Performance - Dayforce reported quarterly earnings of $0.58 per share, exceeding the Zacks Consensus Estimate of $0.56 per share, and up from $0.43 per share a year ago, representing an earnings surprise of 3.57% [1] - The company posted revenues of $481.8 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.87%, and an increase from $431.5 million year-over-year [2] - Dayforce has surpassed consensus EPS estimates for the last four quarters and has also topped consensus revenue estimates four times during the same period [2] Stock Outlook - Dayforce shares have declined approximately 19.9% since the beginning of the year, compared to a decline of 4.7% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $0.52 on revenues of $465.14 million, and for the current fiscal year, it is $2.30 on revenues of $1.93 billion [7] Industry Context - The Internet - Software industry, to which Dayforce belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Dayforce's stock performance [5]