Picture of Paycom Software logo

PAYC Paycom Software News Story

0.000.00%
us flag iconLast trade - 00:00
TechnologyAdventurousLarge CapNeutral

Paycom Software Inc reports results for the quarter ended June 30 - Earnings Summary

Paycom Software Inc PAYC.N reported quarterly adjusted earnings of $2.06​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.62.  The mean expectation of eighteen analysts for the quarter was for earnings of $1.78 per share. Wall Street expected results to range from $1.68  to $1.86 per share.

Revenue rose 10.5% to $483.60 million from a year ago; analysts expected $472.00 million.

Paycom Software Inc's reported EPS for the quarter was $1.58​.

The company reported quarterly net income of $89.5 million.

Paycom Software Inc shares had fallen by 3.5% this quarter and gained 8.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.2% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 15 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is  "buy."

Wall Street's median 12-month price target for Paycom Software Inc is $244.00, about 8.5% above its last closing price of $223.26

This summary was machine generated from LSEG data August 7 at 12:57 a.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.782.06Beat
Mar. 31 20252.562.80Beat
Dec. 31 20241.972.32Beat
Sep. 30 20241.611.67Beat

Recent news on Paycom Software

See all news