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PAYC Paycom Software News Story

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Paycom Software Inc reports results for the quarter ended March 31 - Earnings Summary

Paycom Software Inc PAYC.N reported quarterly adjusted earnings of $2.80​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $2.59.  The mean expectation of eighteen analysts for the quarter was for earnings of $2.56 per share. Wall Street expected results to range from $2.46  to $2.73 per share.

Revenue rose 6.1% to $530.50 million from a year ago; analysts expected $524.95 million.

Paycom Software Inc's reported EPS for the quarter was $2.48​.

The company reported quarterly net income of $139.4 million.

Paycom Software Inc shares had risen by 4.3% this quarter and gained 11.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 4.4% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 14 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "hold"

Wall Street's median 12-month price target for Paycom Software Inc is $227.00

This summary was machine generated from LSEG data May 8 at 02:38 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
Mar. 31 20252.562.80Beat
Dec. 31 20241.972.32Beat
Sep. 30 20241.611.67Beat
Jun. 30 20241.601.62Beat

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