Paycor HCM Sees Q2 Revenue $154.5M-$156.5M Vs $155.52M Est.; FY24 Revenue $648M-$654M Vs $649.2M Est.
Portfolio Pulse from Benzinga Newsdesk
Paycor HCM has issued its financial guidance for Q2 and FY24. The company expects Q2 revenues to be between $154.5M and $156.5M, compared to estimates of $155.52M. For FY24, the company anticipates revenues in the range of $648M to $654M, against estimates of $649.2M.
November 08, 2023 | 9:30 pm
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NEUTRAL IMPACT
Paycor's projected Q2 and FY24 revenues are in line with estimates, indicating stable financial performance.
Paycor's revenue projections for Q2 and FY24 are close to estimates, which suggests that the company's financial performance is stable and in line with market expectations. This is likely to have a neutral impact on the stock price in the short term as it does not indicate any significant positive or negative changes.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100