Paylocity (PCTY) Q1 Earnings and Revenues Surpass Estimates

Paylocity (PCTY) came out with quarterly earnings of $1.75 per share, beating the Zacks Consensus Estimate of $1.5 per share. This compares to earnings of $1.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +16.67%. A quarter ago, it was expected that this provider of cloud-based payroll and human-resources software services would post earnings of $1.38 per share when it actually produced earnings of $1.56, delivering a surp ...