Paychex (PAYX) Reports Q1 Earnings: What Key Metrics Have to Say

Paychex (PAYX) reported $1.32 billion in revenue for the quarter ended August 2024, representing a year-overyear increase of 2.5%. EPS of $1.16 for the same period compares to $1.14 a year ago. The reported revenue represents a surprise of +0.31% over the Zacks Consensus Estimate of $1.31 billion. With the consensus EPS estimate being $1.14, the EPS surprise was +1.75%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street exp ...