Paychex, Inc. Reports Fourth Quarter and Fiscal 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
Paychex (PAYX) Tops Q4 EPS by 1c, Revenues Beat; Provides Fiscal 2021 EPS Growth Outlook
July 7, 2020 8:35 AM EDTPaychex (NASDAQ: PAYX) reported Q4 EPS of $0.61, $0.01 better than the analyst estimate of $0.60. Revenue for the quarter came in at $915.1 million versus the consensus estimate of $910.91 million.
Fourth Quarter Fiscal 2020 Highlights
Total revenue decreased 7% to $915.1 million.Operating income decreased 5% to $299.6 million.Net income decreased 4% to $220.7 million. Adjusted net income(1) decreased 3% to $220.6 million.Diluted earnings per share decreased 5% to $0.61 per share. Adjusted diluted earnings per share(1) decreased 3% to $0.61 per share.Martin Mucci, President and Chief Executive Officer, commented, Fiscal 2020 was on track to be a solid year,... More
