Online payroll and human resource software provider Dayforce (NYSE:DAY) will be reporting earnings tomorrow before market open. Here's what to expect.

Last quarter Dayforce reported revenues of $377.5 million, up 19.6% year on year, beating analyst revenue expectations by 2.2%. It was a mixed quarter for the company, with strong sales guidance for the next quarter but decelerating customer growth. The company added 74,000 customers to a total of 6.35 million.

Is Dayforce buy or sell heading into the earnings? Read our full analysis here, it's free.

This quarter analysts are expecting Dayforce's revenue to grow 18.8% year on year to $399.4 million, in line with the 19.1% year-over-year increase in revenue the company had recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.32 per share.

Majority of analysts covering the company have reconfirmed their estimates over the last thirty days, suggesting they are expecting the business to stay the course heading into the earnings. The company has a history of exceeding Wall St's expectations, beating revenue estimates every single time over the past two years on average by 2.5%.

With Dayforce being the first among its peers to report earnings this season, we don't have anywhere else to look at to get a hint at how this quarter will unravel for finance and hr software stocks, but there has been positive sentiment among investors in the segment, with the stocks up on average 3.2% over the last month. Dayforce is up 6% during the same time, and is heading into the earnings with with analyst price target of $85.7, compared to share price of $69.5.

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The author has no position in any of the stocks mentioned.