HR software provider Asure Software (NASDAQ: ASUR) will be reporting earnings tomorrow after market hours. Here’s what investors should know.
Asure Software beat analysts’ revenue expectations last quarter, reporting revenues of $36.25 million, up 23.7% year on year. It was a satisfactory quarter for the company, with a solid beat of analysts’ billings estimates but full-year revenue guidance missing analysts’ expectations significantly.
Is Asure Software a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting Asure Software’s revenue to grow 25.9% year on year, improving from the 17.2% increase it recorded in the same quarter last year.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Asure Software has missed Wall Street’s revenue estimates multiple times over the last two years.
Looking at Asure Software’s peers in the finance and hr software segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Paylocity delivered year-on-year revenue growth of 10.4%, beating analysts’ expectations by 1.9%, and Paycom reported revenues up 10.2%, in line with consensus estimates. Paylocity traded down 7.2% following the results while Paycom’s stock price was unchanged.
Read our full analysis of Paylocity’s results here and Paycom’s results here.
The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. Unfortunately, finance and hr software stocks have struggled in this environment as share prices are down 18.4% on average over the last month. Asure Software is down 28.4% during the same time and is heading into earnings with an average analyst price target of $13.22 (compared to the current share price of $6.98).
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