Paycom Software Inc reports results for the quarter ended in June - Earnings Summary

Paycom Software

01/08/2023 23:05

* Paycom Software Inc  PAYC.N  reported quarterly adjusted
earnings of $1.62​​ per share for the quarter ended in June. The
mean expectation of twenty analysts for the quarter was
for earnings of $1.59 per share.
    * Revenue rose 26.6% to $401.14 million from a year ago;
analysts
expected $398.08 million. 
    * Paycom Software Inc's reported EPS for the quarter was
$1.11​.
    * The mean earnings estimate of analysts had risen by
about 0.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Paycom Software Inc shares had risen by 14.8% this
quarter and
gained 18.8% so far this year.
    * The company reported quarterly net income of $64.52
million.
    * Wall Street's median 12-month price target for Paycom
Software
Inc is $390.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 17 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 1 at 10:05 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.59           1.62           Beat
 Mar. 31 2023      2.35           2.46           Beat
 Dec. 31 2022      1.49           1.73           Beat
 Sep. 30 2022      1.18           1.27           Beat