Ceridian: 4Q Earnings Snapshot

MINNEAPOLIS (AP) _ Ceridian HCM Holding Inc. (CDAY) on Tuesday reported a loss of $17.3 million in its fourth quarter.

On a per-share basis, the Minneapolis-based company said it had a loss of 12 cents. Earnings, adjusted for one-time gains and costs, came to 9 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.

The provider of human-resources software and services posted revenue of $222.8 million in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $218 million.

For the year, the company reported a loss of $4 million, or 3 cents per share, swinging to a loss in the period. Revenue was reported as $842.5 million.

Ceridian expects full-year revenue in the range of $220 million to $224 million.

Ceridian shares have fallen almost 2% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $104.73, an increase of 52% in the last 12 months.

_____

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

Latest Stories

  • 'You don't have American history without Black people': How one Utah school failed its students

    A public charter school in Utah sparked controversy over the weekend after announcing that parents could “exercise their civil rights” and opt their children out of the school’s Black History Month curriculum. After widespread backlash, it’s walking back this decision.

  • Trump supporter arrested after threatening Mitch McConnell’s grandkids on Parler

    Mr Houck accused of posting numerous threatening messages on Parler in lead up to and after Capitol riot on 6 January

  • Chase sues Virginia GOP over gubernatorial convention plans

    GOP gubernatorial candidate Amanda Chase on Tuesday sued the Republican Party of Virginia over its plans for a nominating convention to choose candidates in this year's election. In a statement, Chase accused party leadership of trying to sticking with plans for a nominating convention even though large gatherings remain banned under the pandemic. The Republican Party of Virginia has not finalized its plans; Chase says the party's central committee is plotting to capitalize on the confusion by simply choosing a nominee itself and bypassing voters.

  • Stimulus checks would be capped at $100,000 income under Democrat plan. What we know

    Here’s who would get stimulus checks under the plan by House Democrats.

  • The Daily Show surveys Joe Biden's 3 weeks of presidential scandals, says farewell to Lou Dobbs

    No president is immune from scandal, President Biden included, Trevor Noah said on Monday's Daily Show. But maybe not all scandals are created equal. "Over the weekend, Biden took a short break from his day-to-day presidenting to catch the Super Bowl from his home in Delaware — and if you aren't immediately outraged about that, well, you obviously haven't been watching the last 48 hours of conservative news media," Noah said. "But it's not surprising that Biden bent the travel rules for himself, because he's been president for less that three weeks and already he's had more scandals than we can keep track of — although, my friends, we are going to try in our brand-new segment: 'Joe Biden, The Worst President in History That We Can Remember.'" Noah covered White House Press Secretary Jen Psaki's Space Force brouhaha, Biden's comments about honorable FBI agents, Hunter Biden's memoir deal, and the three scandals Biden chalked up even before becoming president. "That's right, Joe Biden stole 10 minutes of Donald Trump's presidency, or as Fox News calls it, Tenghazi," Noah deadpanned. "Who knows what Trump could have accomplished in those 10 minutes? I mean, maybe that's when he was finally going to release his health care plan. He could have used that time to walk down half a ramp! And do you have any idea how much Fox News Trump could have watched in that 10 minutes? Like, 10 minutes! So those are they many Joe Biden scandals by the muckraking journalists of conservative media in just his first three weeks in office." He predicted some Biden scandals that could come next. One of those conservative would-be Biden muckrakers lost his platform over the weekend, and The Daily Show also took a moment to say farewell to Fox Business host Lou Dobbs, "the most North Korean broadcaster America has ever seen." Watch his highlight reel below. More stories from theweek.comJared and Ivanka reportedly warn Trump 'he can still screw this up' ahead of likely impeachment acquittalTrump reportedly avoided calling Biden a 'predator' in ads because it would 'open up his own can of worms'It wasn't entirely clear what Trump's lawyer was going for in opening impeachment argument — but it may have been strategic

  • Two U.S. carrier groups conduct exercises in South China Sea

    Two U.S. carrier groups conducted joint exercises in the South China Sea on Tuesday, days after a U.S. warship sailed near Chinese-controlled islands in the disputed waters, as China denounced the United States for damaging peace and stability. The Theodore Roosevelt Carrier Strike Group and the Nimitz Carrier Strike Group "conducted a multitude of exercises aimed at increasing interoperability between assets as well as command and control capabilities", the U.S. Navy said, marking the first dual carrier operations in the busy waterway since July 2020. In Beijing, Chinese Foreign Ministry spokesman Wang Wenbin said the frequent moves by U.S. warships and aircraft into the South China Sea in a "show of force" was not conducive to regional peace and stability.

  • AOC, Schumer tell families they can get help to pay for Covid burials

    “When you suddenly lose a loved one, you’re talking about an expense of four or five, seven, $10,000," Ocasio-Cortez said.

  • New York can't prosecute Paul Manafort after Trump pardon, court rules

    Former President Donald Trump's 2016 campaign chair Paul Manafort won't face a second round of prosecution in New York state after a court affirmed the state and federal charges against him constituted double jeopardy. Manafort was sentenced to more than seven years in prison in early 2019 after being charged with financial crimes, as well as witness tampering and unregistered lobbying, as a result of former Special Counsel Robert Mueller's probe. Manhattan District Attorney Cyrus Vance charged Manafort with pretty much the same financial crimes shortly after his second sentence in what was seemingly an insurance policy against Trump's likely pardon of Manafort. After all, a president cannot pardon someone charged with state crimes. But the overlap turned out to work against Vance. In December 2019, New York state Supreme Court Justice Maxwell Wiley threw out the state's charges, saying that "the law of double jeopardy in New York State provides a very narrow window for prosecution." Vance took the case to the New York Court of Appeals — the state's highest court — but it said last week that it had declined to review the case. As a result, Wiley's ruling will stand. Trump did end up pardoning Manafort in December, though he was already serving his sentence at home due to COVID-19 concerns. Manafort had pleaded not guilty to the New York charges, and his lawyer told The New York Times he is pleased with the result. Manafort could still be charged with other federal or state crimes. More stories from theweek.comJared and Ivanka reportedly warn Trump 'he can still screw this up' ahead of likely impeachment acquittalTrump reportedly avoided calling Biden a 'predator' in ads because it would 'open up his own can of worms'It wasn't entirely clear what Trump's lawyer was going for in opening impeachment argument — but it may have been strategic

  • Chinese firm 'linked to country’s intelligence agency' worked with BBC on flagship shows

    A Chinese firm with alleged links to the country’s intelligence agency has worked with the BBC on flagship shows, including co-producing Sir David Attenborough’s Blue Planet II. Tencent, a £375 billion tech and media giant, owns the controversial Chinese messaging app WeChat, which was banned in the US on national security grounds under one of Donald Trump’s final executive orders. WeChat has been described as a “key component of the Chinese government's infrastructure of control” after it was claimed that Tencent censors politically sensitive content on foreign accounts, an allegation it has previously denied. It has also been claimed that Tencent received money from the Ministry of State Security, China’s main intelligence agency, when it was founded in 1998, an allegation it has also denied. This week it was revealed that Oxford University accepted £700,000 from Tencent to rename one of its prestigious fellowships at New College. The Wykeham chair of physics, which was established in 1900, will now be known as the Tencent-Wykeham chair in honour of the Chinese computing giant. The move was described as “very unwise” and “grotesque” by MPs given the allegations of the tech firm’s connection to China’s security apparatus. Experts today expressed further concern at Tencent’s relationship with another leading British institution after it emerged that the BBC has signed a string of deals with the Chinese company since 2016 to co-produce a litany of the broadcaster’s flagship shows, including Sir David’s Blue Planet II.

  • Former Nazi guard, age 100, charged as accessory to murder

    German prosecutors have charged a 100-year-old man with 3,518 counts of being an accessory to murder on allegations he served during World War II as a Nazi SS guard at a concentration camp on the outskirts of Berlin, authorities said Tuesday. The man is alleged to have worked at the Sachsenhausen camp between 1942 and 1945 as an enlisted member of the Nazi Party's paramilitary wing, said Cyrill Klement, who led the investigation of the centenarian for the Neuruppin prosecutors' office. Despite his advanced age, the suspect is considered fit enough to stand trial, though accommodations may have to be made to limit how many hours per day the court is in session, Klement told The Associated Press.

  • Biden budget nominee regrets harsh tweets, vows to work with Republicans

    Neera Tanden, President Joe Biden's nominee to head the U.S. Office of Management and Budget, apologized on Tuesday for past attacks on Republicans on social media, which have been a focus of opposition to her nomination from members of that party. When Biden picked Tanden, chief executive of the left-leaning Center for American Progress think tank in Washington, Republicans pointed to her past strong comments on Twitter, such as referring to Senate Republican Leader Mitch McConnell as "Moscow Mitch" and saying "vampires have more heart than (Senator) Ted Cruz."

  • These three companies won contracts for DARPA’s new LongShot drone

    LongShot will be able to launch from a fighter or bomber and then repeatedly attack targets with its own weapons cache.

  • Trump reportedly avoided calling Biden a 'predator' in ads because it would 'open up his own can of worms'

    Former President Donald Trump apparently had his limits when it came to attacking his political rivals. Throughout the 2020 campaign season, Trump had the final say over which campaign ads made it onto the air and which were tossed out. He made those decisions at regular White House viewing sessions, where his top White House aides and campaign officials would gather to laugh at and workshop ads, including some too "out there" even for the former president, Axios reports. A few times a month, former Trump campaign manager Brad Parscale would bring his laptop to the White House and sit "so close" to Trump that it sometimes "bothered" him, a source tells Axios. Parscale would then play through a reel of campaign ads, including many inspired by "young, pro-Trump fans who sent their ideas" to him, Axios continues. One targeted CNN's Don Lemon and his coverage of the Black Lives Matter protests, while another showed President Biden coughing to allege he was unwell, a source said. Trump would often "burst out laughing" at some of the wilder spots, but then conclude they were too "brutal" or "weren't worth the backlash" he'd get, the source told Axios. One subject Trump particularly avoided was Biden's inappropriate touching of women, Axios reports. At one point, Trump's campaign drew up an ad featuring clips of women who'd accused Biden of inappropriate contact, and then finished with a clip of Vice President Kamala Harris declaring "I know a predator when I see one." But as one source close to the campaign said, "He never wanted to run the predator or women's-style ads against Biden, because he was afraid he was going to open up his own can of worms." Read more about Trump's campaign ad critiques at Axios. More stories from theweek.comJared and Ivanka reportedly warn Trump 'he can still screw this up' ahead of likely impeachment acquittalIt wasn't entirely clear what Trump's lawyer was going for in opening impeachment argument — but it may have been strategicTrump allies are amazed at how much his reputation has recovered since the Capitol riot

  • Midwives told to stop using terms such as 'breastfeeding' and 'breastmilk'

    Midwives have been told to stop using terms including "breastfeeding" and “breastmilk” as part of a new trans-friendly policy at an NHS trust. Brighton and Sussex University Hospitals (BSUH) NHS Trust is the first in the country to formally implement a gender inclusive language policy for its maternity services department — which will now be known as "perinatal services". Staff have been told to avoid using the word “mothers” on its own and have been given a list of alternative terms to use when addressing patients including "mothers or birthing parents", "breast/chestfeeding" and "maternal and parental". Instead of saying "breastmilk", they can choose from "human milk" or "breast/chestmilk" or "milk from the feeding mother or parent". The language changes will be implemented in the trust's webpages, leaflets and communications such as letters and emails. Staff will be asked to use language which reflects people's "own identities and preferences" when talking to patients. Other changes include replacing the use of the word "woman" with the phrase "woman or person", and the term "father" with "parent", "co-parent" or "second biological parent", depending on the circumstances. There has been fierce debate around attempts to reduce the use of the word woman in discussion around subjects including pregnancy and childbirth, and any move to do so has provoked ire from some feminists. Author JK Rowling was vilified last year after she questioned a decision to use the term “people who menstruate” in a headline. In a policy document, released this week, the BSUH said staff should not stop using the word "woman" or other terms describing motherhood but they should consciously start adding in the word "people'' and other more inclusive language. It said: "Gender identity can be a source of oppression and health inequality. We are consciously using the words 'women' and 'people' together to make it clear that we are committed to working on addressing health inequalities for all those who use our services. "As midwives and birth workers, we focus on improving access and health outcomes for marginalised and disadvantaged groups. Women are frequently disadvantaged in healthcare, as are trans and non-binary people... By continuing to use the term 'woman' we commit to working on addressing health inequalities for all who use our services." The policy was written by Helen Green and Ash Riddington, described as “Gender Inclusion Midwives” at the unit. Ms Green, who uses the pronouns she/they and describes herself as non-binary, wrote on social media: “The work is for us and by us, developed from grassroots research and lived experiences in the trans and non-binary community.” Freddy McConnell, the transgender man who in 2019 lost his High Court battle to register himself as the “father” on his child’s birth certificate, is listed as an external advisor of the document. Brighton and Hove NHS Trust has long championed itself as a “leader for LGBT inclusion” after receiving a number of accolades from the controversial charity Stonewall.

  • Michael Cohen tells Stormy Daniels he's sorry for causing her 'needless pain'

    Former Trump lawyer Michael Cohen interviewed porn star Stormy Daniels and apologized for his role in attempting to cover up her claims on behalf of former President Donald Trump.

  • Yale Student Fatally Shot '5 or 6' Times May Have Been Targeted, Police Say

    Yale grad student Kevin Jiang may have been targeted for death instead of being killed in a random act of road rage, police said. Jiang, 26, was a graduate student at the Yale School of Environment. At a press conference, Police Chief Otoniel Reyes said the police are looking into whether or not Jiang was targeted, according to the New Haven Register.

  • Saudi Arabia announces new judicial reforms in a move towards codified law

    Saudi Arabia's Crown Prince Mohammed bin Salman announced on Monday plans to approve a set of new draft laws designed to enhance the efficiency and integrity of the kingdom's judicial system, a step that would eventually lead to an entirely codified law. The prince, often referred to by his initials MBS, has launched a series of social and economic reforms aimed at modernising the conservative kingdom, which has no codified system of law to go with the texts making up sharia, or Islamic law. The state news agency (SPA) quoted the prince on Monday as saying that four new laws - the personal status law, the civil transactions law, the penal code of discretionary sanctions and the law of evidence - are currently being finalised and will then be submitted to the cabinet and relevant bodies as well as the advisory Shura Council, before they are finally approved.

  • Jared and Ivanka reportedly warn Trump 'he can still screw this up' ahead of likely impeachment acquittal

    Former President Donald Trump looks poised for a second impeachment acquittal — but Jared Kushner and Ivanka Trump are reportedly warning him not to "snatch defeat from the jaws of victory." With Trump's second Senate impeachment trial set to start in just a few hours, Politico reported on Tuesday that his daughter Ivanka Trump and son-in-law Jared Kushner have warned the former president "that while he has the votes for acquittal, he can still screw this up." "'Snatch defeat from the jaws of victory' is the phrase Kushner has been heard using most frequently to describe the worry," Politico writes. Trump's acquittal has been seen as likely after 45 Senate Republicans backed an effort to dismiss the impeachment trial last month, suggesting there aren't enough votes for a conviction. In this historic second trial, Trump is facing charges of inciting an insurrection at the Capitol building that left five people dead. His lawyers are expected to argue that the trial isn't constitutional because he's no longer in office. Trump, Politico also reports, has evidently taken Jared Kushner and Ivanka Trump's advice to heart, with an aide telling the outlet, "Right now Trump is thinking, 'I've got 45 votes, all I have to do is go golfing and not do anything.'" But he's also "already imagining his comeback," according to the report — and drawing comparisons to his reality show The Apprentice. "He's compared it to that time in between seasons of The Apprentice, building anticipation and wonderment for what's to come," an adviser told Politico. While it's not exactly clear what Trump imagines such a comeback to look like, a separate Politico report on Tuesday said that aides expect him to "gradually" re-emerge once the trial is over, at which point he'll likely be "turning his attention toward seeking revenge against Republicans who, he believes, crossed him after he left office." More stories from theweek.comTrump reportedly avoided calling Biden a 'predator' in ads because it would 'open up his own can of worms'It wasn't entirely clear what Trump's lawyer was going for in opening impeachment argument — but it may have been strategicTrump allies are amazed at how much his reputation has recovered since the Capitol riot

  • Kashmir man seeking son’s body charged under anti-terror law

    Police have charged a Kashmiri man seeking the body of his teenage son, who was slain by government forces, with conspiring to organize illegal processions, officials said Monday. Police said Mushtaq Ahmed and six others, including his two brothers, were charged last week under India’s harsh anti-terror law, the Unlawful Activities (Prevention) Act. Government forces fatally shot Ahmed’s 16-year-old son, Athar Mushtaq, and two other young men on Dec. 30 during what police described as a gunfight after the men refused to surrender on the outskirts of Srinagar city.

  • Four years into voyage and metres from land, tanker crew still stuck aboard

    Nearly four years into their odyssey at sea, the five-member crew of oil tanker MT Iba is tantalisingly close to shore, yet still unable to set foot on dry land. What started out as a regular seafaring job turned into what the men call a nightmare, when the tanker's owner, Alco Shipping, fell into financial trouble and stopped paying their salaries 32 months ago. Life aboard the ship has been arduous, said Indian engineer Vinay Kumar.