Paycor HCM Q1 Adj $0.07 Beats $0.04 Estimate, Sales $143.59M Beat $139.41M Estimate
Portfolio Pulse from Benzinga Newsdesk
Paycor HCM (NASDAQ:PYCR) reported Q1 earnings of $0.07 per share, beating the analyst consensus estimate of $0.04 by 75%. This is a 40% increase from the same period last year. The company also reported quarterly sales of $143.59 million, beating the analyst consensus estimate of $139.41 million by 3.00%. This is a 21.37% increase from the same period last year.
November 08, 2023 | 9:29 pm
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POSITIVE IMPACT
Paycor HCM's Q1 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price.
Paycor HCM reported higher than expected earnings and sales for Q1. This indicates a strong financial performance, which is often a positive signal to investors and can lead to an increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100