Paychex, Inc. Reports Third Quarter Results

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Go back to Paychex, Inc. Reports Third Quarter Results

Goldman Sachs Removes Paychex (PAYX) from CL-Buy List (Earlier)

March 26, 2015 10:17 AM EDT

Goldman Sachs earlier downgraded Paychex (NASDAQ: PAYX) from Conviction Buy to Buy with a price target of $55.00.

For an analyst ratings summary and ratings history on Paychex click here. For more ratings news on Paychex click here.

Shares of Paychex closed at $49.20 yesterday.

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Paychex (PAYX) Reports In-Line Q3 EPS

March 25, 2015 8:31 AM EDT

Paychex (NASDAQ: PAYX) reported Q3 EPS of $0.46, in-line with the analyst estimate of $0.46. Revenue for the quarter came in at $693.6 million versus the consensus estimate of $701.16 million.

OUTLOOK

Our outlook for the fiscal year ending May 31, 2015 (fiscal 2015) is based upon current market, economic, and... More