Paylocity (PCTY) Tops Q2 Earnings and Revenue Estimates

Paylocity (PCTY) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.49 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.35%. A quarter ago, it was expected that this provider of cloud-based payroll and human-resources software services would post earnings of $1.39 per share when it actually produced earnings of $1.66, delivering a surpr ...