Core Insights - Paychex reported a 10% year-over-year revenue increase to $1.43 billion in Q4 of fiscal year 2025, with adjusted earnings rising 6.3% to $1.19 per diluted share [2] - Despite meeting consensus analyst estimates, management's guidance for the next fiscal year was mixed, projecting full-year earnings 2% above current analyst views but revenue targets 0.8% below Wall Street's consensus [3] - The modest revenue target indicates that Paychex may experience smaller-than-expected benefits from the recent Paycor acquisition, suggesting potential integration challenges [5] Financial Performance - Revenue for Q4 fiscal year 2025 reached $1.43 billion, reflecting a 10% increase year-over-year [2] - Adjusted earnings per diluted share were reported at $1.19, marking a 6.3% increase [2] Management Guidance - Full-year earnings guidance is projected to be 2% above current analyst expectations [3] - Revenue guidance is set at 0.8% below Wall Street's consensus, indicating potential concerns about future growth [3] Acquisition Impact - The Paycor acquisition is expected to expand Paychex's market reach, particularly into larger client segments, although initial revenue targets are modest [5][6] - Integration of Paycor may face challenges, but long-term synergies are anticipated as existing customers with growing needs are likely to remain with Paychex [6] Stock Performance - Paychex shares fell as much as 9.9% following the earnings report but recovered slightly to a 7.6% drop by midday [1] - The stock remains within a reasonable valuation range, suggesting that the earnings report should not significantly alter investment analysis [7]