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Kritika Sarmah

What to Expect From Paycom Software’s Next Quarterly Earnings Report

PAYC Paycom Paycom Software

Headquartered in Oklahoma City, Paycom Software, Inc. (PAYC) is a leading provider of cloud-based human capital management (HCM) solutions, delivering its services as software-as-a-service to small and mid-sized businesses. Valued at $13.5 billion by market cap, Paycom offers data-driven software tools that streamline the entire employee lifecycle, from recruitment to retirement. The company is slated to announce its fiscal second-quarter earnings on Wednesday, July 30.

Ahead of the event, analysts expect PAYC to report a profit of $1.35 per share on a diluted basis, up 12.5% from $1.20 per share in the year-ago quarter. The company beat the consensus estimates in each of the last four quarters. 

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