Paycom Software: Q1 Earnings Insights

Paycom Software PAYC reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:05 PM.

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

Paycom Software beat estimated earnings by 8.57%, reporting an EPS of $1.9 versus an estimate of $1.75.

Revenue was up $81.32 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 8.93% increase in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	1.08	0.90	0.84	1.42
EPS Actual	1.11	0.92	0.97	1.47
Revenue Estimate	275.66M	250.06M	232.12M	271.41M
Revenue Actual	284.99M	256.19M	242.15M	272.20M

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.