Paychex, Inc. Reports First Quarter Results

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Paychex (PAYX) Tops Q1 EPS by 3c; Updates FY17 Outlook

September 28, 2016 8:32 AM EDT

Paychex (NASDAQ: PAYX) reported Q1 EPS of $0.60, $0.03 better than the analyst estimate of $0.57. Revenue for the quarter came in at $785.5 million versus the consensus estimate of $782.8 million.

Outlook

Our outlook for the fiscal year ending May 31, 2017 (fiscal 2017) is based upon current market, economic, and... More