Benzinga | Aug 3, 2021 11:07AM EDT

Earnings Preview: Ceridian HCM Holding

Ceridian HCM Holding (NYSE:CDAY) releases its next round of earnings this Wednesday, August 04. Here is Benzinga's essential guide to Ceridian HCM Holding's Q2 earnings report.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Ceridian HCM Holding earnings will be near $0.04 per share on sales of $237.17 million, according to analysts. Ceridian HCM Holding EPS in the same period a year ago totaled $0.13. Revenue was $192.60 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to match the consensus estimate, earnings would be down 69.23%. Revenue would be have grown 23.14% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past: Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020EPS Estimate 0.09 0.07 0.05 0.06EPS Actual 0.09 0.09 0.12 0.13Revenue Estimate 222.64 M 217.48 M 200.39 M 194.21 MRevenue Actual 234.50 M 222.80 M 204.40 M 192.60 M

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

For a full 12 months, the return has risen by 16.85%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. Ceridian HCM Holding is scheduled to hold the call at 17:00:00 ET and can be accessed here.