Dayforce Inc (
NYSE:DAY) has recently been the subject of significant attention since their shift from
Ceridian. The company's
Q2 2024 earnings are expected to reach $0.24 per share, and their
Q1 earnings showed robust growth in both revenue and operating profit, but did lag behind estimates. Despite this, customer growth is accelerating, and their sales in Q1 beat targets. The stock, however, hit a new 1-year low at $55.30 and had investors tracing a three-year growth loss of 34%. The company's EVP, Christopher Armstrong, sold 60,000 shares recently. They're set to announce additional earnings this coming Wednesday. The investigation firm Bronstein, Gewirtz & Grossman, LLC is encouraging DAY investors to seek compensation, hinting at possible violations of securities laws. Despite their challenges, DAY has unveiled a new tiered approach to managed payroll, illustrating their ability to adapt and innovate. Their latest appointment sees Amy Cappellanti-Wolf as EVP and Chief People Officer, adding to their leadership team. With DAY's recent transformation, all eyes are on their performance in the market as they attempt to balance growth and investment risks.
Dayforce DAY News Analytics from Sun, 14 May 2017 07:00:00 GMT to Tue, 07 May 2024 15:01:16 GMT -
Rating -5
- Innovation 0
- Information 2
- Rumor -2
