Paychex, Inc. Reports First Quarter Results

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Paychex (PAYX) Tops Q1 EPS by 3c, Offers Outlook

October 2, 2019 8:31 AM EDT

Paychex (NASDAQ: PAYX) reported Q1 EPS of $0.71, $0.03 better than the analyst estimate of $0.68. Revenue for the quarter came in at $992 million versus the consensus estimate of $991.13 million.

Outlook

Our outlook for the fiscal year ending May 31, 2020 (fiscal 2020), is based upon current market expectations and economic... More