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Oklahoma City-based Paycom Software, Inc. (PAYC) provides cloud-based human capital management (HCM) SaaS solutions for integrated software for employee records and talent management processes. Valued at $11.6 billion by market cap, Paycom serves over 36,000 clients with employees in the U.S., Canada, Mexico, the U.K. and Ireland.
The software major is expected to announce its fourth-quarter earnings on Wednesday, Feb. 5. Ahead of the event, analysts expect Paycom to report a non-GAAP profit of $1.62 per share, up 13.3% from $1.43 per share reported in the year-ago quarter. Furthermore, the company has surpassed or matched Wall Street’s bottom-line projections in each of the past four quarters. Its adjusted EPS for the last reported quarter declined marginally to $1.31 but exceeded analysts’ estimates by 9.2%.
