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.（納斯達克股票代碼：PYCR）週三公佈的第三季度收益好於預期。
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公佈的調整後每股收益爲21美分，超過了市場預期的每股20美分。根據Benzinga Pro的數據，該公司的季度銷售額爲1.87019億美元，而預期的爲1.86471億美元。
"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首席執行官小勞爾·維拉爾表示：“我們爲員工和績效提供支持的差異化HCM解決方案繼續在市場上引起共鳴，我們又實現了強勁的季度業績。”“不包括表格申報在內的經常性收入同比增長20％，這得益於高檔市場的持續成功，同時增加了嵌入式HCM合作伙伴關係。”
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，預計24財年收入爲6.5億美元至6.52億美元，而估計爲6.53898億美元。該公司預計第四季度收入爲1.6億美元至1.62億美元，而預期爲1.64152億美元。
Paycor HCM shares fell 2.4% to close at $17.50 on Wednesday.
週三，Paycor HCM股價下跌2.4％，收於17.50美元。
These analysts made changes to their price targets on Paycor HCM following earnings announcement.
業績公佈後，這些分析師更改了Paycor HCM的目標股價。
- 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.
- 瑞穗將Paycor HCM的目標股價從22美元下調至19美元。瑞穗分析師西蒂·帕尼格拉希維持中性評級。
- 貝爾德將Paycor HCM的目標股價從36美元下調至27美元。貝爾德分析師馬克·馬康維持跑贏大盤的評級。
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譯文內容由第三人軟體翻譯。