Paychex, Inc. Reports First Quarter Results: Revenue Grew 16% and Diluted Earnings Per Share Grew 56%; Company Raises Business Outlook for the Year

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Go back to Paychex, Inc. Reports First Quarter Results: Revenue Grew 16% and Diluted Earnings Per Share Grew 56%; Company Raises Business Outlook for the Year

Paychex (PAYX) Tops Q1 EPS by 9c

September 30, 2021 8:32 AM EDT

Paychex (NASDAQ: PAYX) reported Q1 EPS of $0.89, $0.09 better than the analyst estimate of $0.80. Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $1.04 billion.

Business Outlook

Our outlook for the fiscal year ending May 31, 2022 (fiscal 2022) incorporates current assumptions and market conditions. Changes in the macroeconomic environment could alter our guidance. With consideration of these impacts, we have updated our guidance as... More