Paycom Software Inc expected to post earnings of $1.78 a share - Earnings Preview

Paycom Software

05/02/2024 21:36

* Paycom Software Inc  PAYC.N   PAYC.K  is expected to show
a rise
in quarterly revenue when it reports  results on February 7 for
the period ending December 31 2023
    * The Oklahoma City Oklahoma-based  company is expected to
report
a 14.0% increase in revenue to $422.564 million from $370.61
million a year ago, according to the mean estimate from 18
analysts, based on LSEG data.The company's guidance on October
31 2023, for the period ended December 31, was for revenue
between $420.00 million and $425.00 million.
    * ​LSEG's mean analyst estimate for Paycom Software Inc is
for
earnings of $1.78 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 17
"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 $191.50​, below​ its last closing price of $194.99. ​​​

The company's guidance on October 31 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD420 million and
USD174 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.60        1.61       1.77      Beat    10.2
 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.        1.19        1.18       1.27      Beat    7.4
 30 2022                                                
 Jun. 30 2022  1.12        1.12       1.26      Beat    12.7​
 Mar. 31 2022  1.75        1.75       1.90      Beat    8.6
 Dec. 31 2021  1.09        1.08       1.11      Beat    2.5
 This summary was machine generated February 5 at 21:36 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)