Paychex, Inc. Reports Second Quarter Results

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Paychex (PAYX) Tops Q2 EPS by 2c, Offers Outlook

December 18, 2019 8:32 AM EST

Paychex (NASDAQ: PAYX) reported Q2 EPS of $0.70, $0.02 better than the analyst estimate of $0.68. Revenue for the quarter came in at $990.7 million versus the consensus estimate of $987.65 million.

Outlook:

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