Paycor HCM Analysts Cut Their Forecasts After Q3 Results
Paycor HCM Analysts Cut Their Forecasts After Q3 Results
Paycor HCM, Inc. (NASDAQ:PYCR) posted better-than-expected third-quarter earnings on Wednesday.
Paycor HCM, Inc.（纳斯达克股票代码：PYCR）周三公布的第三季度收益好于预期。
Paycor HCM posted adjusted earnings of 21 cents per share, beating market estimates of 20 cents per share. The company's quarterly sales came in at $187.019 million versus expectations of $186.471 million, according to data from Benzinga Pro.
Paycor HCM公布的调整后每股收益为21美分，超过了市场预期的每股20美分。根据Benzinga Pro的数据，该公司的季度销售额为1.87019亿美元，而预期的为1.86471亿美元。
"We delivered another strong quarter as our differentiated HCM solution that powers people and performance continued to resonate in the market," said Raul Villar, Jr., Chief Executive Officer of Paycor. "Recurring revenue excluding form filings grew 20% year-over-year, driven by continued success up-market while increasing Embedded HCM partnerships."
Paycor首席执行官小劳尔·维拉尔表示：“我们为员工和绩效提供支持的差异化HCM解决方案继续在市场上引起共鸣，我们又实现了强劲的季度业绩。”“不包括表格申报在内的经常性收入同比增长20％，这得益于高档市场的持续成功，同时增加了嵌入式HCM合作伙伴关系。”
Paycor HCM said it sees FY24 revenue of $650 million to $652 million, versus estimates of 653.898 million. The company expects fourth-quarter revenue of $160 million to $162 million versus expectations of $164.152 million.
Paycor HCM表示，预计24财年收入为6.5亿美元至6.52亿美元，而估计为6.53898亿美元。该公司预计第四季度收入为1.6亿美元至1.62亿美元，而预期为1.64152亿美元。
Paycor HCM shares fell 2.4% to close at $17.50 on Wednesday.
周三，Paycor HCM股价下跌2.4％，收于17.50美元。
These analysts made changes to their price targets on Paycor HCM following earnings announcement.
财报公布后，这些分析师更改了Paycor HCM的目标股价。
- Mizuho cut the price target on Paycor HCM from $22 to $19. Mizuho analyst Siti Panigrahi maintained a Neutral rating.
- Baird cut the price target on Paycor HCM from $36 to $27. Baird analyst Mark Marcon maintained an Outperform rating.
- 瑞穗将Paycor HCM的目标股价从22美元下调至19美元。瑞穗分析师西蒂·帕尼格拉希维持中性评级。
- 贝尔德将Paycor HCM的目标股价从36美元下调至27美元。贝尔德分析师马克·马康维持跑赢大盘的评级。
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