Paylocity Holding Q4 EPS $1.32 Beats $1.14 Estimate, Sales $308.45M Beat $301.66M Estimate
Portfolio Pulse from Benzinga Newsdesk
Paylocity Holding (NASDAQ:PCTY) reported Q4 earnings of $1.32 per share, beating the analyst consensus estimate of $1.14 by 15.79%. This is a 65% increase from the same period last year. The company also reported quarterly sales of $308.45 million, beating the analyst consensus estimate of $301.66 million by 2.25%, a 34.73% increase from the same period last year.
August 04, 2023 | 2:29 pm
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POSITIVE IMPACT
Paylocity Holding's Q4 earnings and sales exceeded analyst estimates, indicating strong financial performance. This could potentially lead to a positive impact on the company's stock price.
Paylocity Holding reported better than expected Q4 earnings and sales, which is a positive signal for investors. This strong financial performance could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100