Paycor HCM Inc reports results for the quarter ended in December - Earnings Summary

Paycor HCM

07/02/2024 23:25

* Paycor HCM Inc  PYCR.OQ  reported quarterly adjusted
earnings of
11 cents​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of 8 cents.  The mean expectation of seventeen analysts for the
quarter was for earnings of 9 cents per share. Wall Street
expected results to range from 8 cents to 10 cents per share.
    * Revenue rose 20.1% to $159.54 million from a year ago;
analysts
expected $155.62 million. 
    * Paycor HCM Inc's reported EPS for the quarter was a loss
of 15
cents​.
    * The company reported a quarterly loss of $26.25 million.
    * Paycor HCM Inc shares had fallen by 7.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.3%
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 "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Paycor HCM
Inc is
$24.00 

This summary was machine generated from LSEG data February 7 at
11:24 p.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 ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.09           0.11           Beat
 Sep. 30 2023      0.04           0.07           Beat
 Jun. 30 2023      0.06           0.08           Beat
 Mar. 31 2023      0.15           0.18           Beat