Paycom Software (NYSE: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.
