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

Paycor HCM

15/08/2024 07:09

* Paycor HCM Inc  PYCR.OQ  reported quarterly adjusted
earnings of
11 cents​​ per share for the quarter ended in June, 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 9 cents to 10 cents per share.
    * Revenue rose 7.4% to $150.47 million from a year ago;
analysts
expected $161.17 million. 
    * Paycor HCM Inc's reported EPS for the quarter was a loss
of 10
cents​.
    * The company reported a quarterly loss of $18.29 million.
    * Paycor HCM Inc shares had fallen by 0.6% this quarter and
lost 41.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
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." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Paycor HCM Inc is
$18.00 
This summary was machine generated from LSEG data August 15 at
06:09 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 ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.09           0.11           Beat
 Mar. 31 2024      0.20           0.21           Beat
 Dec. 31 2023      0.09           0.11           Beat
 Sep. 30 2023      0.04           0.07           Beat