Paychex, Inc. Reports Third Quarter Results

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Paychex (PAYX) Reports In-Line Q3 EPS

March 30, 2016 8:31 AM EDT

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... More