Paylocity (PCTY) Q1 Earnings and Revenues Surpass Estimates

Core Insights - Paylocity (PCTY) reported quarterly earnings of $1.75 per share, exceeding the Zacks Consensus Estimate of $1.5 per share, and up from $1.66 per share a year ago [1] - The earnings surprise was +16.67%, following a previous surprise of +13.04% in the last quarter [2] - The company achieved revenues of $408.17 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.95% and increasing from $362.96 million year-over-year [3] Earnings Performance - Paylocity has consistently surpassed consensus EPS estimates for the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is $1.53, with expected revenues of $407.48 million, and for the current fiscal year, the estimate is $7.14 on $1.72 billion in revenues [8] Stock Performance and Outlook - Paylocity shares have declined approximately 29.4% year-to-date, contrasting with the S&P 500's gain of 16.5% [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [7] Industry Context - The Internet - Software industry, to which Paylocity belongs, is currently ranked in the top 32% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [9] - Another company in the same industry, Bentley Systems, is expected to report earnings soon, with a consensus EPS estimate of $0.27, reflecting a year-over-year increase of +12.5% [10]