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Ceridian (CDAY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
TORONTO and MINNEAPOLIS, April 12, 2023 (GLOBE NEWSWIRE) -- Ceridian HCM Holding Inc. (NYSE:CDAY) (TSX:CDAY), a global leader in human capital management (HCM) technology, announced today that it will release first quarter 2023 financial results after the close of regular market trading on Wednesday, May 3, 2023.
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Ceridian HCM reported its Q4 2022 financial results on February 9, 2023. The firm provides a range of human capital management software capabilities to organizations of all sizes worldwide.
Ceridian offers management and administration services for human resources activities through customizable software. In the last quarterly report, the company noted great confidence while entering 2023, with revenue growth close to 22%-24%, and an adjusted EBITDA of $92-95 million.
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Does Ceridian HCM (CDAY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Ceridian (CDAY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Ceridian HCM Holding Inc. (NYSE:CDAY ) Q4 2022 Earnings Conference Call February 8, 2023 5:00 PM ET Company Participants Matt Wells - Senior Director-Investor Relations David Ossip - Co-Chief Executive Officer Leagh Turner - Co-Chief Executive Officer Noemie Heuland - Chief Financial Officer Conference Call Participants Mark Marcon - Baird Mark Murphy - JPMorgan Bryan Bergin - Cowen Bhavin Shah - Deutsche Bank Robert Simmons - D.A. Davidson Siti Panigrahi - Mizuho Matthew Pfau - William Blair Michael Turrin - Wells Fargo Jackson Ader - MoffettNathanson Alex Zukin - Wolfe Research Raimo Lenschow - Barclays Matt Wells Hello and welcome to Ceridian's Fourth Quarter 2022 Earnings Conference Call.
Ceridian (CDAY) delivered earnings and revenue surprises of 76.92% and 3.38%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?