Paychex Gears Up to Report Q2 Earnings: What's in Store?

Core Insights - Paychex, Inc. (PAYX) is scheduled to release its second-quarter fiscal 2026 results on December 19, before market open [1] Group 1: Revenue Expectations - The consensus estimate for Paychex's second-quarter fiscal 2026 revenues is $1.6 billion, reflecting an 18% increase from the same quarter last year [2][9] - Revenues from Management Solutions are projected to be $1.2 billion, indicating a 21.3% year-over-year increase, driven by the addition of Paycor and higher revenues per client [2] - PEO and insurance solution revenues are anticipated to reach $341.5 million, representing a 7.4% growth from the prior year, supported by an increasing number of average PEO worksite employees [3] Group 2: Earnings Expectations - The Zacks Consensus Estimate for earnings is set at $1.24 per share, which implies an 8.8% increase from the year-ago quarter [4][9] - The Earnings ESP for Paychex is 0.00%, and it holds a Zacks Rank of 3 (Hold), indicating that the model does not predict a definitive earnings beat this time [5][6]