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.

Earnings

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.

Past Earnings Performance

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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