Paychex Inc.

NASDAQ:PAYX  
119.13
+0.38 (+0.32%)
Positive Earnings Pre-Announcement

Paychex Q1 Revenue Up 16% To $1.08 Bln; Co Raises FY 2022 Outlook

Published: 09/30/2021 12:54 GMT
Paychex Inc. (PAYX) - Paychex, Inc. Reports First Quarter Results: Revenue Grew 16% and Diluted Earnings per Share Grew 56%; Company Raises Business Outlook for the Year.
Qtrly Adjusted Diluted Earnings per Share $0.89.
Qtrly Diluted Earnings per Share $0.92.
Qtrly Total Revenue $1,082.9 Million, Up 16%.
FY2022 Total Revenue is Also Anticipated to Grow Approximately 8%.
FY2022 Adjusted Diluted Earnings per Share is Now Anticipated to Grow in Range of 12% to 14%.
FY2022 Earnings per Share View $3.38, Revenue View $4.36 Billion -- Refinitiv Ibes Data (analyst estimates).
Q1 Earnings per Share View $0.80, Revenue View $1.04 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $1.06 Billion
Adjusted EPS is expected to be $0.80

Next Quarter Revenue Guidance is expected to be $1.19 Billion
Next Quarter EPS Guidance is expected to be $1.01

More details on our Analysts Page.