Paycor HCM Q3 2024 Adj EPS $0.21 Beats $0.20 Estimate, Sales $187.019M Beat $186.471M Estimate
Portfolio Pulse from Benzinga Newsdesk
Paycor HCM (NASDAQ:PYCR) reported Q3 2024 adjusted EPS of $0.21, surpassing the $0.20 estimate, with sales of $187.019M exceeding the $186.471M forecast, marking a 15.81% year-over-year increase.
May 08, 2024 | 9:34 pm
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Paycor HCM reported a Q3 2024 adjusted EPS of $0.21, beating estimates, and sales of $187.019M, also above expectations, showing a significant year-over-year growth.
Beating both EPS and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The reported year-over-year sales growth further strengthens the company's financial health and growth trajectory, likely boosting investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100