PCTY Stock Recent News

Paylocity's (PCTY) Q3 earnings and revenues benefit from better sales execution and sustained investments in technological upgrades and product innovation.

Paylocity Holding Corporation (NASDAQ:PCTY ) Q3 2023 Earnings Conference Call May 4, 2023 5:30 PM ET Company Participants Ryan Glenn – Chief Financial Officer Steve Beauchamp – Co-Chief Executive Officer Toby Williams – President and Co-Chief Executive Officer Conference Call Participants Scott Berg – Needham and Co Joe Meares – Truist Brad Reback – Stifel Bryan Bergin – Cowen Mark Marcon – Baird Alex Zukin – Wolfe Research Samad Samana – Jefferies Jason Celino – KeyBanc Capital Markets Robert Simmons – D.A. Davidson Siti Panigrahi – Mizuho Daniel Jester – BMO Capital Markets Steve Enders – Citi Operator Good day, and welcome to the Paylocity Holding Corporation Third Quarter 2023 Fiscal Year Results Call.

Paylocity (PCTY) came out with quarterly earnings of $1.74 per share, beating the Zacks Consensus Estimate of $1.50 per share. This compares to earnings of $1.22 per share a year ago.

SCHAUMBURG, Ill., April 13, 2023 (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 third quarter fiscal 2023 results for Thursday, May 4th at 4:30 pm Central Time (5:30 pm Eastern Time).

Paylocity (PCTY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Does Paylocity (PCTY) have what it takes to be a top stock pick for momentum investors? Let's find out.

The consensus price target hints at a 26.4% upside potential for Paylocity (PCTY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Paylocity (PCTY) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Better sales execution and sustained investments in technological upgrades and product innovation drive Paylocity's (PCTY) Q2 earnings and revenues higher.

Paylocity Holding Corporation (NASDAQ:PCTY ) Q2 2023 Results Conference Call February 2, 2023 5:30 PM ET Company Participants Ryan Glenn - CFO Steve Beauchamp - Co-CEO Toby Williams - President, Co-CEO Conference Call Participants Alex Zukin - Wolfe Research Alex Sklar - Raymond James Arvind Ramnani - Piper Sandler Brad Reback - Stifel Daniel Jester - BMO Jared Levine - Cowen Jason Celino - KeyBanc Mark Marcon - Baird Matt Pfau - William Blair Robert Simmons - D.A. Davidson Samad Samana - Jefferies Scott Berg - Needham & Company Siti Panigrahi - Mizuho Group Terry Tillman - Truist Operator Hello, and thank you for standing by.