Paylocity (PCTY) Q1 Earnings and Revenues Top Estimates

Paylocity (PCTY) came out with quarterly earnings of $1.66 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.40 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 19.42%. A quarter ago, it was expected that this provider of cloud-based payroll and human-resources software services would post earnings of $1.27 per share when it actually produced earnings of $1.48, delivering a surp ...