Paycom Software ($PAYC) Q3 2024 Earnings Preview

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Paycom Software (NYSE: PAYC) has announced that it will be unveiling its third quarter financial results on Wednesday 30th October 2024. This eagerly anticipated announcement is scheduled to occur after market close, ensuring that investors and analysts have the opportunity to gain valuable insights into the company's performance during the quarter.

Financial analysts on Wall Street are anticipating that the establishment will announce an estimated $1.61 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $446.95 million for this period.

In the previous year's corresponding quarter, the company's earnings report revealed a per-share income of $1.77. Moreover, the company achieved a remarkable total revenue of $406.3 million during that quarter.

According to analysts on Wall Street, the company's full-year performance is projected to result in a total revenue of $1.87 billion. Additionally, they forecast the earnings per share to hit profit of $7.83 for the fiscal year.

 

PAYC will host a conference call with investment community on 30th October 2024 at 05:00 PM eastern time to discuss the financial results.

Paycom Software (PAYC) closed Monday's regular trading session at $167.35, demonstrating a 1.65 percent advance, with a volume of 524.70 thousand shares.