Paycor HCM PYCR is gearing up to announce its quarterly earnings on Wednesday, 2024-11-06. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Paycor HCM will report an earnings per share (EPS) of $0.08.
The market awaits Paycor HCM's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Earnings Track Record
Last quarter the company beat EPS by $0.02, which was followed by a 9.5% increase in the share price the next day.
Here's a look at Paycor HCM's past performance and the resulting price change:
| Quarter | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| EPS Estimate | 0.09 | 0.20 | 0.09 | 0.04 |
| EPS Actual | 0.11 | 0.21 | 0.11 | 0.07 |
| Price Change % | 10.0% | -16.0% | 5.0% | 4.0% |
Market Performance of Paycor HCM's Stock
Shares of Paycor HCM were trading at $15.71 as of November 01. Over the last 52-week period, shares are down 11.99%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Paycor HCM visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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