Markets

Dayforce, Inc. Q4 Profit Decreases, But Beats Estimates

February 05, 2025 — 07:36 am EST

Written by RTTNews.com for RTTNews

(RTTNews) - Dayforce, Inc. (DAY) revealed earnings for fourth quarter that decreased from last year but beat the Street estimates.

The company's bottom line totaled $10.8 million, or $0.07 per share. This compares with $45.6 million, or $0.29 per share, last year.

Excluding items, Dayforce, Inc. reported adjusted earnings of $97.1 million or $0.60 per share for the period.

Analysts on average had expected the company to earn $0.45 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 16.4% to $465.2 million from $399.7 million last year.

Dayforce, Inc. earnings at a glance (GAAP) :

-Earnings: $10.8 Mln. vs. $45.6 Mln. last year. -EPS: $0.07 vs. $0.29 last year. -Revenue: $465.2 Mln vs. $399.7 Mln last year.

For the first quarter, the company expects revenue, excluding float, of $421 million - $427 million, an increase of about 13.5% to 15%.

RTTNews

Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Dayforce, Inc. Q4 Profit Decreases, But Beats Estimates

Tags

Latest Articles