Company Performance - Paylocity (PCTY) reported quarterly earnings of $1.56 per share, exceeding the Zacks Consensus Estimate of $1.38 per share, and up from $1.48 per share a year ago [1] - The earnings surprise for this quarter was +13.04%, and the company has surpassed consensus EPS estimates in all four of the last quarters [2] - Revenues for the quarter ended June 2025 were $400.74 million, surpassing the Zacks Consensus Estimate by 3.10%, and up from $357.29 million year-over-year [3] Market Performance - Paylocity shares have declined approximately 8% since the beginning of the year, while the S&P 500 has gained 7.6% [4] - The current Zacks Rank for Paylocity is 4 (Sell), indicating expectations of underperformance in the near future [7] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.48 on revenues of $391.24 million, and for the current fiscal year, it is $7.03 on revenues of $1.71 billion [8] - The Internet - Software industry, to which Paylocity belongs, is currently ranked in the top 32% of over 250 Zacks industries, suggesting a favorable industry outlook [9]