Paycom Software: Q4 Earnings Insights

Paycom Software PAYC reported its Q4 earnings results on Wednesday, February 7, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Paycom Software beat estimated earnings by 8.43%, reporting an EPS of $1.93 versus an estimate of $1.78.

Revenue was up $63.99 million from the same period last year.

Last quarter the company beat on EPS by $0.16 which was followed by a 38.49% drop in the share price the next day.

Here's a look at Paycom Software's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	1.61	1.60	2.35	1.49
EPS Actual	1.77	1.62	2.46	1.73
Revenue Estimate	411.18M	398.20M	444.19M	366.77M
Revenue Actual	406.30M	401.14M	451.64M	370.61M

To track all earnings releases for Paycom Software visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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