Paycom Software Inc expected to post earnings of $1.61 a share - Earnings Preview

Paycom Software

28/10/2023 02:50

* Paycom Software Inc  PAYC.N   PAYC.K  is expected to show
a rise
in quarterly revenue when it reports  results on October 31. 
    * The Oklahoma City Oklahoma-based  company is expected to
report 
a 23.1% increase in revenue to $411.199 million from $334.17
million a year ago, according to the mean estimate from 17
analysts, based on Refinitiv data. The company's guidance on
August 1 2023, for the period ended September 30, was for
revenue between $410.00 million and $412.00 million.
    * ​Refinitiv's mean analyst estimate for Paycom Software Inc
is
for earnings of $1.61 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Paycom
Software
Inc is $375​, above​ its last closing price of $240.34. ​​​

The company's guidance on August 1 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD410 million and
USD158 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.60        1.59       1.62      Beat    1.6
 Mar. 31 2023  2.37        2.35       2.46      Beat    4.5
 Dec. 31 2022  1.52        1.49       1.73      Beat    16.3​
 Sep. 30 2022  1.19        1.18       1.27      Beat    7.4
 ​​Jun.        1.12        1.12       1.26      Beat    12.7
 30 2022                                                
 Mar. 31 2022  1.75        1.75       1.90      Beat    8.6​
 Dec. 31 2021  1.09        1.08       1.11      Beat    2.5
 Sep. 30 2021  0.91        0.90       0.92      Beat    1.7
 This summary was machine generated October 28 at 01:50 GMT.  All
figures in US dollars  unless otherwise stated