Paychex Inc.

NASDAQ:PAYX   4:00:00 PM EDT
120.63
-2.56 (-2.08%)
6:34:10 PM EDT: $121.26 +0.63 (+0.52%)
Positive Earnings Pre-Announcement

Paychex, Inc. Reports First Quarter Results Double Digit Growth In Revenue And Diluted Earnings Per Share Raises Earnings Outlook For The Year

Published: 09/28/2022 13:10 GMT
Paychex Inc. (PAYX) - Q1 Adjusted Earnings per Share $1.03.
Q1 Earnings per Share $1.05.
Paychex, Inc. Reports First Quarter Results: Double Digit Growth in Revenue and Diluted Earnings per Share; Raises Earnings Outlook for the Year.
FY Adjusted Diluted Earnings per Share is Now Anticipated to Grow in Range of 11% to 12%.
Other Aspects of Our Guidance for Fiscal 2023 Remain Unchanged From What We Provided Previously.
Qtrly Total Revenue $1,206.2 Million Versus $1,082.9 Million.
Q1 Earnings per Share View $0.97, Revenue View $1.19 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2023 Earnings per Share View $4.14, Revenue View $4.97 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $1.19 Billion
Adjusted EPS is expected to be $0.95

Next Quarter Revenue Guidance is expected to be $1.36 Billion
Next Quarter EPS Guidance is expected to be $1.26

More details on our Analysts Page.