Paylocity Holding-Paylocity (PCTY) Tops Q4 Earnings and Revenue Estimates

Paylocity (PCTY) came out with quarterly earnings of $1.48 per share, beating the Zacks Consensus Estimate of$ 1.27 per share. This compares to earnings of $1.32 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 16.54%. A quarter ago, it was expected that this provider of cloud-based payroll and human-resources software services would post earnings of$ 1.94 per share when it actually produced earnings of $2.21, delivering a surp ...