Paychex (PAYX) Tops Q2 EPS by 6c; Raises Outlook

Paychex (NASDAQ: PAYX) reported Q2 EPS of $1.03, $0.06 better than the analyst estimate of $0.97. Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.18 billion.

GUIDANCE:

• Adjusted diluted earnings per share(1) is now anticipated to grow in the range of 11% to 12%.
• Other aspects of our guidance for fiscal 2023 remain unchanged from what we provided previously.

For earnings history and earnings-related data on Paychex (PAYX) click here.

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