Paychex (PAYX) Reports In-Line Q3 EPS
Tweet
Share
E-mail
Get Alerts PAYX Hot Sheet
Price: $99.54 -0.36%
Revenue Growth %: +5.8%
Financial Fact:
Cash dividends per common share: 0.46
Today's EPS Names:
DTGI, OCCI, MAYS, More
Revenue Growth %: +5.8%
Financial Fact:
Cash dividends per common share: 0.46
Today's EPS Names:
DTGI, OCCI, MAYS, More
Join SI Premium – FREE
Paychex (NASDAQ: PAYX) reported Q3 EPS of $0.50, in-line with the analyst estimate of $0.50. Revenue for the quarter came in at $752.6 million versus the consensus estimate of $751.2 million.
Outlook
Our outlook for the fiscal year ending May 31, 2016 (“fiscal 2016”) is based upon current market, economic, and interest rate conditions continuing with no significant changes. Our guidance is as follows:
| Low | High | |||||||||
| Payroll service revenue | 4 | % | — | 5 | % | |||||
| HRS revenue | 10 | % | — | 13 | % | |||||
| Total service revenue | 7 | % | — | 8 | % | |||||
| Net income (1) | 8 | % | — | 9 | % | |||||
| (1) | Net income guidance excludes the impact of the net tax benefit related to prior tax years that was recorded in the first quarter. |
For earnings history and earnings-related data on Paychex (PAYX) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Mizuho says ignore Apple noise, flags key catalyst for Micron and memory in H2
- Winnebago Industries (WGO) Misses Q3 EPS by 11c ; Offers Guidance
- MetLife estimates Q2 2026 variable investment income below annual pace
Create E-mail Alert Related Categories
Earnings, GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
