Paycor Sees Q1 FY25 Revenue Guidance Between $161M-$163M vs $163.56M Est., Sees FY25 Revenue Guidance Between $722M-$729M vs $736.35M Est.
Portfolio Pulse from Benzinga Newsdesk
Paycor has provided its Q1 FY25 revenue guidance between $161M-$163M, which is below the estimated $163.56M. Additionally, the company sees FY25 revenue guidance between $722M-$729M, also below the estimated $736.35M.
August 14, 2024 | 8:19 pm
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NEGATIVE IMPACT
Paycor's revenue guidance for Q1 FY25 and FY25 is below analyst estimates, which may negatively impact investor sentiment and the stock price in the short term.
The revenue guidance provided by Paycor for both Q1 FY25 and FY25 is below analyst expectations. This discrepancy is likely to lead to negative investor sentiment and a potential decline in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100