PCTY Stock Recent News

Paylocity Holding Corporation (NASDAQ:PCTY ) Q4 2024 Earnings Conference Call August 1, 2024 5:30 PM ET Company Participants Ryan Glenn – Chief Financial Officer Steve Beauchamp – Co-Chief Executive Officer Toby Williams – Co-Chief Executive Officer Conference Call Participants Brad Reback – Stifel Mason Marion – Jefferies Scott Berg – Needham & Company Mark Marcon – Baird Brian Peterson – Raymond James Jared Levine – TD Cowen Terry Tillman – Truist Securities Jake Roberge – William Blair Daniel Jester – BMO Capital Markets Pat Walravens – Citizens JMP Raimo Lenschow – Barclays Siti Panigrahi – Mizuho Kevin McVeigh – UBS Jason Celino – KeyBanc Operator Hello, and thank you for standing by. Welcome to Paylocity Holding Corporation Fourth Quarter 2024 Fiscal Year Results.

Paylocity (PCTY) came out with quarterly earnings of $1.48 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.32 per share a year ago.

SCHAUMBURG, Ill., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HCM and payroll software solutions, today announced financial results for the fourth quarter and full fiscal year 2024, which ended June 30, 2024.

Paylocity (PCTY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Paylocity, a leading provider of cloud-based HR and payroll software, has been delivering strong and consistent revenue growth for many years. Despite its robust growth and profitability, Paylocity's stock appears undervalued, especially when compared to AI and semiconductor companies, making it worthy of investment consideration. Paylocity offers solid revenue growth, improving profit margins, and increasing earnings per share at a very attractive valuation.

Paylocity (PCTY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

SCHAUMBURG, Ill., July 11, 2024 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY ), a leading provider of cloud-based HR and payroll software solutions, today announced that it has scheduled a conference call to review its fourth quarter and fiscal 2024 results for Thursday, August 1st at 4:30 pm Central Time (5:30 pm Eastern Time).

Investors need to pay close attention to Paylocity Holding (PCTY) stock based on the movements in the options market lately.

Paylocity is down 20% in 2024, trading at its lowest level since 2020. Uncertainties toward the U.S. labor market and its impact on demand for human capital management software have added volatility. PCTY stock remains well positioned to rebound, with its outlook supported by strong fundamentals.

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