MINNEAPOLIS (AP) _ Ceridian HCM Holding Inc. (CDAY) on Thursday reported a third-quarter loss of $800,000, after reporting a profit in the same period a year earlier.
On a per-share basis, the Minneapolis-based company said it had a loss of 1 cent. Earnings, adjusted for one-time gains and costs, came to 12 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The provider of human-resources software and services posted revenue of $204.4 million in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $200.7 million.
For the current quarter ending in December, Ceridian said it expects revenue in the range of $215 million to $219 million.
Ceridian shares have risen 34% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $91.28, an increase of 83% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CDAY at https://www.zacks.com/ap/CDAY