Paychex (PAYX) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 1.82%. A quarter ago, it was expected that this payroll processor and human-resources services provider would post earnings of $1.36 per share when it actually produced earnings of $1.38, delivering a surprise of 1.47%. Ov ...

Total Revenue Professional Employer Organization ("PEO") o Excluding ERTC, revenue growth accelerated in Q4 to 8% 7 HR Tech Award from Lighthouse Research & Advisory – Best Small Business-focused Solution in the Core HR/Workforce Category * 5-Year CAGR Financial Results | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------|-------|-------------------------------------|-------|-------|-------|-------| | (In millions, except per share amounts) | | Three Months Ended % \nMay 31 ...

Paychex, Inc. Reports Fourth Quarter and Full Year 2024 Results Professional Employer Organization ("PEO") and Insurance Solutions revenue increased 9% to $326.6 million for the fourth quarter primarily due to the following: • Growth in the number of average PEO worksite employees; and • Increase in PEO insurance revenues. (1) Adjusted operating income, adjusted operating margin and adjusted diluted earnings per share are not U.S. GAAP measures. Please refer to the "Non-GAAP Financial Measures" section on p ...

See all Trefis Price Estimates UKRAINE - 2021/12/17: In this photo illustration, Paychex, logo seen displayed on a smartphone. ... [+] (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Payroll and HR solutions player Paychex is expected to publish its Q4 FY'24 results on June 26, reporting on a period that saw the U.S. job market remain relatively buoyant. We expect earnings for the quarter to come in at about $1.06 per share, marginally ...

Our estimate for revenues from Management Solutions is pegged at $930.2 million, implying a 2.8% year-overyear rise. Management Solutions is likely to have benefited from growth in the number of clients served across the suite of HCM solutions and an increase in product penetration. Paychex, Inc. (PAYX) will release its fourth-quarter fiscal 2024 results on Jun 26, before market open. IPG's adjusted earnings (excluding 7 cents from non-recurring items) of 36 cents per share met the Zacks Consensus Estimate ...

Wall Street analysts forecast that Paychex (PAYX) will report quarterly earnings of $1.10 per share in its upcoming release, pointing to a year-over-year increase of 13.4%. It is anticipated that revenues will amount to $1.3 billion, exhibiting an increase of 5.6% compared to the year-ago quarter. Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Ahead of ...

UKRAINE - 2021/12/17: In this photo illustration, Paychex, logo seen displayed on a smartphone. ... [+] (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Paychex stock currently trades at $118 per share, around 16% below its level of $141 seen on April 6, 2022 (pre-inflation shock high), and has the potential for gains. In comparison, the company's peer ADP stock has remained roughly flat over the same period. Paychex Paychex saw its sto ...

Paychex, Inc. (PAYX) has had an impressive run over the past year, appreciating 15%. The company has an expected long-term (three to five years) EPS growth rate of 7.3%. Its earnings for fiscal 2024 and 2025 are anticipated to grow 10.3% and 5.6%, respectively, year over year. Factors That Bode Well Paychex has seen significant growth by providing industry-leading service and technology solutions to clients and employees. This growth is driven by a robust business model, diverse offerings and strategic acqu ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________________________________ FORM 10-Q _________________________________________ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended February 29, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from __________to __________ Commission file number 0-11330 _______________________________ ...

Paychex, Inc. (NASDAQ:PAYX) Q3 2024 Results Conference Call April 2, 2024 9:30 AM ET Company Participants John Gibson - President and Chief Executive Officer Bob Schrader - Chief Financial Officer Conference Call Participants Mark Marcon - Baird Kevin McVeigh - UBS Tien-Tsin Huang - JPMorgan Bryan Bergin - TD Cowen Samad Samana - Jefferies James Faucette - Morgan Stanley Ramsey El-Assal - Barclays David Paige - RBC Capital Markets Bryan Keane - Deutsche Bank Scott Wurtzel - Wolfe Research Operator Good day, ...