Paycom Software Q3 2024 Adj. EPS $1.67 Beats $1.61 Estimate, Sales $452.000M Beat $446.948M Estimate
Portfolio Pulse from Benzinga Newsdesk
Paycom Software reported Q3 2024 earnings per share of $1.67, surpassing the analyst estimate of $1.61. The company's sales reached $452 million, exceeding the expected $446.948 million and marking an 11.25% increase from the previous year.
October 30, 2024 | 8:08 pm
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Paycom Software's Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $1.67 and sales at $452 million, reflecting strong performance and an 11.25% year-over-year sales growth.
Paycom Software's better-than-expected earnings per share and sales figures indicate strong financial performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100