Paylocity Holding Q4 2024 GAAP EPS $0.67 Beats $0.66 Estimate, Sales $324.70M Miss $350.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
Paylocity Holding (NASDAQ:PCTY) reported Q4 2024 GAAP EPS of $0.67, beating the estimate of $0.66. However, sales of $324.70M missed the $350.25M estimate, despite a 5.27% increase from last year.
August 01, 2024 | 8:12 pm
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Paylocity Holding reported Q4 2024 GAAP EPS of $0.67, beating the estimate of $0.66. However, sales of $324.70M missed the $350.25M estimate, despite a 5.27% increase from last year.
While Paylocity Holding's EPS beat expectations, the significant miss on sales could create mixed reactions in the market. The 5.27% YoY sales increase is positive, but the miss on estimates may weigh on investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100