Paychex (PAYX) Beats Q4 Earnings and Revenue Estimates

Paychex (PAYX) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.12 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of +0.85%. A quarter ago, it was expected that this payroll processor and human-resources services provider would post earnings of $1.48 per share when it actually produced earnings of $1.49, delivering a surprise of +0.68% ...