{"id":40089,"date":"2023-11-01T17:43:04","date_gmt":"2023-11-01T17:43:04","guid":{"rendered":"https:\/\/prosfunds.com\/investing\/paycoms-stock-plunges-32-as-payroll-company-whiffs-on-earnings-outlook\/"},"modified":"2023-11-01T17:43:06","modified_gmt":"2023-11-01T17:43:06","slug":"paycoms-stock-plunges-32-as-payroll-company-whiffs-on-earnings-outlook","status":"publish","type":"post","link":"https:\/\/prosfunds.com\/?p=40089","title":{"rendered":"Paycom\u2019s stock plunges 32% as payroll company whiffs on earnings outlook"},"content":{"rendered":"
\n
\n

Paycom Software Inc. shares were set to shed nearly a third of their value, based on Tuesday\u2019s after-hours action, as the company, which makes payroll and human-resources software, came up short with its outlook.<\/p>\n

The company expects $420 million to $425 million in revenue for the fourth quarter, while analysts were modeling $452 million. Paycom PAYC also anticipates adjusted earnings before interest, taxes, depreciation and amortization of $169 million to $174 million for the period, while analysts had been calling for $189…\n <\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Paycom Software Inc. shares were set to shed nearly a third of their value, based on Tuesday\u2019s after-hours action, as the company, which makes payroll and human-resources software, came up short with its outlook. The company expects $420 million to $425 million in revenue for the fourth quarter, while analysts were modeling $452 million. Paycom […]<\/p>\n","protected":false},"author":1,"featured_media":40090,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[32],"tags":[],"class_list":{"0":"post-40089","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"yoast_head":"\nPaycom\u2019s stock plunges 32% as payroll company whiffs on earnings outlook | Prosfunds<\/title>\n<meta name=\"description\" content=\"Paycom Software Inc. shares were set to shed nearly a third of their value, based on Tuesday\u2019s after-hours action, as the company, which makes payroll and\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/prosfunds.com\/?p=40089\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Paycom\u2019s stock plunges 32% as payroll company whiffs on earnings outlook | Prosfunds\" \/>\n<meta property=\"og:description\" content=\"Paycom Software Inc. shares were set to shed nearly a third of their value, based on Tuesday\u2019s after-hours action, as the company, which makes payroll and\" \/>\n<meta property=\"og:url\" content=\"https:\/\/prosfunds.com\/?p=40089\" \/>\n<meta property=\"og:site_name\" content=\"Prosfunds\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-01T17:43:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-01T17:43:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/11\/1698860585_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/prosfunds.com\/?p=40089#article\",\"isPartOf\":{\"@id\":\"https:\/\/prosfunds.com\/?p=40089\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/person\/bab8f1b00ccebe43e39ff640793108e6\"},\"headline\":\"Paycom\u2019s stock plunges 32% as payroll company whiffs on earnings outlook\",\"datePublished\":\"2023-11-01T17:43:04+00:00\",\"dateModified\":\"2023-11-01T17:43:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/prosfunds.com\/?p=40089\"},\"wordCount\":93,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/prosfunds.com\/#organization\"},\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/prosfunds.com\/?p=40089#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/prosfunds.com\/?p=40089\",\"url\":\"https:\/\/prosfunds.com\/?p=40089\",\"name\":\"Paycom\u2019s stock plunges 32% as payroll company whiffs on earnings outlook | Prosfunds\",\"isPartOf\":{\"@id\":\"https:\/\/prosfunds.com\/#website\"},\"datePublished\":\"2023-11-01T17:43:04+00:00\",\"dateModified\":\"2023-11-01T17:43:06+00:00\",\"description\":\"Paycom Software Inc. shares were set to shed nearly a third of their value, based on Tuesday\u2019s after-hours action, as the company, which makes payroll and\",\"breadcrumb\":{\"@id\":\"https:\/\/prosfunds.com\/?p=40089#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/prosfunds.com\/?p=40089\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/prosfunds.com\/?p=40089#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/prosfunds.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Paycom\u2019s stock plunges 32% as payroll company whiffs on earnings outlook\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/prosfunds.com\/#website\",\"url\":\"https:\/\/prosfunds.com\/\",\"name\":\"Funding Factories\",\"description\":\"Latest Finance News and Updates\",\"publisher\":{\"@id\":\"https:\/\/prosfunds.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/prosfunds.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/prosfunds.com\/#organization\",\"name\":\"Funding Factories\",\"url\":\"https:\/\/prosfunds.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/ff-dark-logo-1.png\",\"contentUrl\":\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/ff-dark-logo-1.png\",\"width\":780,\"height\":140,\"caption\":\"Funding Factories\"},\"image\":{\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/person\/bab8f1b00ccebe43e39ff640793108e6\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1693518183-96x96.png\",\"contentUrl\":\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1693518183-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/prosfunds.com\"],\"url\":\"https:\/\/prosfunds.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Paycom\u2019s stock plunges 32% as payroll company whiffs on earnings outlook | Prosfunds","description":"Paycom Software Inc. shares were set to shed nearly a third of their value, based on Tuesday\u2019s after-hours action, as the company, which makes payroll and","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/prosfunds.com\/?p=40089","og_locale":"en_US","og_type":"article","og_title":"Paycom\u2019s stock plunges 32% as payroll company whiffs on earnings outlook | Prosfunds","og_description":"Paycom Software Inc. shares were set to shed nearly a third of their value, based on Tuesday\u2019s after-hours action, as the company, which makes payroll and","og_url":"https:\/\/prosfunds.com\/?p=40089","og_site_name":"Prosfunds","article_published_time":"2023-11-01T17:43:04+00:00","article_modified_time":"2023-11-01T17:43:06+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/11\/1698860585_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/prosfunds.com\/?p=40089#article","isPartOf":{"@id":"https:\/\/prosfunds.com\/?p=40089"},"author":{"name":"News Room","@id":"https:\/\/prosfunds.com\/#\/schema\/person\/bab8f1b00ccebe43e39ff640793108e6"},"headline":"Paycom\u2019s stock plunges 32% as payroll company whiffs on earnings outlook","datePublished":"2023-11-01T17:43:04+00:00","dateModified":"2023-11-01T17:43:06+00:00","mainEntityOfPage":{"@id":"https:\/\/prosfunds.com\/?p=40089"},"wordCount":93,"commentCount":0,"publisher":{"@id":"https:\/\/prosfunds.com\/#organization"},"articleSection":["Investing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/prosfunds.com\/?p=40089#respond"]}]},{"@type":"WebPage","@id":"https:\/\/prosfunds.com\/?p=40089","url":"https:\/\/prosfunds.com\/?p=40089","name":"Paycom\u2019s stock plunges 32% as payroll company whiffs on earnings outlook | Prosfunds","isPartOf":{"@id":"https:\/\/prosfunds.com\/#website"},"datePublished":"2023-11-01T17:43:04+00:00","dateModified":"2023-11-01T17:43:06+00:00","description":"Paycom Software Inc. shares were set to shed nearly a third of their value, based on Tuesday\u2019s after-hours action, as the company, which makes payroll and","breadcrumb":{"@id":"https:\/\/prosfunds.com\/?p=40089#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/prosfunds.com\/?p=40089"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/prosfunds.com\/?p=40089#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/prosfunds.com\/"},{"@type":"ListItem","position":2,"name":"Paycom\u2019s stock plunges 32% as payroll company whiffs on earnings outlook"}]},{"@type":"WebSite","@id":"https:\/\/prosfunds.com\/#website","url":"https:\/\/prosfunds.com\/","name":"Funding Factories","description":"Latest Finance News and Updates","publisher":{"@id":"https:\/\/prosfunds.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/prosfunds.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/prosfunds.com\/#organization","name":"Funding Factories","url":"https:\/\/prosfunds.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/prosfunds.com\/#\/schema\/logo\/image\/","url":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/ff-dark-logo-1.png","contentUrl":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/ff-dark-logo-1.png","width":780,"height":140,"caption":"Funding Factories"},"image":{"@id":"https:\/\/prosfunds.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/prosfunds.com\/#\/schema\/person\/bab8f1b00ccebe43e39ff640793108e6","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/prosfunds.com\/#\/schema\/person\/image\/","url":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1693518183-96x96.png","contentUrl":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1693518183-96x96.png","caption":"News Room"},"sameAs":["https:\/\/prosfunds.com"],"url":"https:\/\/prosfunds.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/posts\/40089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40089"}],"version-history":[{"count":1,"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/posts\/40089\/revisions"}],"predecessor-version":[{"id":40091,"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/posts\/40089\/revisions\/40091"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/media\/40090"}],"wp:attachment":[{"href":"https:\/\/prosfunds.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}