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Paychex (PAYX) Beats Q1 Earnings and Revenue Estimates
ZACKS· 2024-10-01 14:41
Paychex (PAYX) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $1.14 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 1.75%. A quarter ago, it was expected that this payroll processor and human-resources services provider would post earnings of $1.10 per share when it actually produced earnings of $1.12, delivering a surprise of 1.82%. Ov ...
Paychex(PAYX) - 2025 Q1 - Earnings Call Presentation
2024-10-01 13:35
First Quarter Highlights and Financial Results Fiscal 2025 Forward Looking Statements Certain written statements in this presentation may contain, and members of management may from time to time make or discuss statements which constitute, "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, all matters that are not historical facts. Forward-looking statements are no ...
Paychex(PAYX) - 2025 Q1 - Quarterly Results
2024-10-01 12:42
PRESS RELEASE OF PAYCHEX, INC. DATED OCTOBER 01, 2024 1 11 Panorama Trail South · Rochester, NY 14625 · paychex.com Paychex, Inc. Reports Solid First Quarter Results • Sustained Growth in Revenue and Earnings • Returned $457 Million to Stockholders Through Dividends and Share Repurchases • Launched Several New Digital Solutions Designed to Help Businesses Succeed Rochester, N.Y. - (October 01, 2024) - Paychex, Inc. (the "Company," "Paychex," "we," "our," or "us") today reported results for the fiscal quarte ...
Paychex Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2024-09-30 18:19
Paychex, Inc. PAYX will release earnings results for its first quarter, before the opening bell on Tuesday, Oct. 1. Analysts expect the Rochester, New York-based company to report quarterly earnings at $1.14 per share, compared to $1.14 per share in the year-ago period. Paychex is projected to post quarterly revenue of $1.32 billion, versus $1.29 billion a year earlier, according to data from Benzinga Pro. On June 26, the company reported sales growth of 5% year over year to $1.295 billion, in-line with the ...
Paychex to Report Q1 Earnings: Here's What to Expect From the Stock?
ZACKS· 2024-09-27 13:16
Paychex, Inc. (PAYX) will release its first-quarter fiscal 2025 results on Oct. 1, before market open. See Zacks Earnings Calendar to stay ahead of market-making news. PAYX has delivered a decent earnings surprise in the trailing four quarters. The figure outpaced the Zacks Consensus Estimate at the same time, delivering an earnings surprise of 1.5%, on average. Paychex's First-Quarter Expectations The consensus estimates for Paychex's first-quarter fiscal 2025 revenues are pegged at $1.3 billion, indicatin ...
Gear Up for Paychex (PAYX) Q1 Earnings: Wall Street Estimates for Key Metrics
ZACKS· 2024-09-26 14:15
Analysts on Wall Street project that Paychex (PAYX) will announce quarterly earnings of $1.14 per share in its forthcoming report, representing no change year over year. Revenues are projected to reach $1.31 billion, increasing 2.2% from the same quarter last year. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Ahead of a company's e ...
Paychex (PAYX) Reports Next Week: What Awaits?
ZACKS· 2024-09-24 15:01
Wall Street expects flat earnings compared to the year-ago quarter on higher revenues when Paychex (PAYX) reports results for the quarter ended August 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 1, 2024, might help the stock move higher if these key numbers are better th ...
Will Paychex (PAYX) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-09-16 17:11
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Paychex (PAYX) , which belongs to the Zacks Outsourcing industry. This payroll processor and human-resources services provider has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 1.64%. For the last reported quarter, Paychex came out with earnings of $1.1 ...
Paychex: Steady But Unspectacular Returns Likely
Seeking Alpha· 2024-09-12 12:59
ITkach/iStock via Getty Images Paychex (NASDAQ:PAYX), a leader in the Human Capital Management software and payroll space in the United States, was founded in 1971 by Thomas Golisano, and went public in 1983. It has been a monster compounder over the years: since 1994 when Seeking Alpha's data starts, it has delivered a total return of more than 13,700% compared to the S&P 500's 1,100%. It's often a good idea to own leaders and a very good idea to own compounders, but of course, investing is about the futur ...
Paychex: A Reliable Buy For Growing Dividend Checks Now
Seeking Alpha· 2024-08-21 12:59
Colleagues working together at the office. gradyreese/iStock via Getty Images I'm a big believer that there is dignity in work. For most people, I sincerely believe that some kind of work is necessary for health and well-being. At the same time, I believe that it's advisable to plan for the day one no longer wants to/can no longer keep working. I say this as one of the blessed few who enjoy what I do for a living. I hope that I can be an equity analyst for many more decades. Yet, there's still something tha ...