
Paycom Software, Inc (NYSE:PAYC) clocked 31% revenue growth in Q2 to $317 million, beating the consensus of $309 million. EPS of $1.26 beat the consensus of $1.12.
BMO Capital analyst Daniel Jester had a Market Perform rating with a price target of $368. Expectations were high into the print, with PAYC generally a consensus favorite in investor discussions, he noted.