Paycom Software, Inc. PAYC has been set to report the results of the first quarter of 2025 on 7 May, after the market.
The Zacks consensus estimate for the first quarter profit is set at $ 2.60 per share, which indicates an increase of 0.4%on an annual basis. The consensus estimate for the Bottom Line has been revised by 3 cents over the past 60 days.
The estimate of the Zacks consensus for Paycom’s first quarter is linked to $ 525.6 million, suggesting that an increase of approximately 5.2% compared to the turnover of $ 499.9 million of the quarter of the quarter of $ 499.9 million.
The income from Paycom beat the estimate of the Zacks -Consensus in each of the lagging four quarters, the average surprise is 5.2%. (Find the latest EPS estimates and surprises on the Zacks profit calendar.)
Paycom Software, Inc. Price-Eps-Surprise | Paycom Software, Inc. Quote
The results of the first quarter of Paycom are expected to reflect a solid growth in recurring income, fueled by new acquisitions of customers and artificial intelligence (AI) driven product innovations. The continuous investments of the company in automation, international expansion and improved value propositions have probably strengthened its competitive position.
The strategic push from Paycom in AI-driven automation has probably played a key role in expanding its customer base. The integration of AI-improved wage and HR tools makes its platform more efficient and attractive for companies that want to streamline operations. Our estimate for recurring income is $ 500.7 million, a reflection of an increase of 7.5% on an annual basis, which underlines the stickiness of his subscription -based model.
Paycom’s focus on improving beti and gone solutions has probably caused greater acceptance. Beti enables employees to manage the payroll independently, reducing administrative burdens, while simplifying disappeared time-off applications. By offering a seamless employee experience, the company increases the involvement of customers and improves retention.
Despite strong product innovation, Paycom’s growth is expected to be influenced by personnel reductions in his customer base due to a weaker macro -economic environment. Redundant and hiring delays in various industries could have been weighed on transaction volumes and the overall demand for wage services. Moreover, it is expected that geopolitical tensions and economic uncertainty have led potential customers to postpone or scales investments in HR software, creating income in the short term.
This time our proven model does not predict a profit beat for Paycom. The combination of a positive income ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chance of a income beat, which is not the case here.