Paychex, Inc. Reports First Quarter Results: Double Digit Growth in Revenue and Diluted Earnings Per Share; Raises Earnings Outlook for the Year

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Go back to Paychex, Inc. Reports First Quarter Results: Double Digit Growth in Revenue and Diluted Earnings Per Share; Raises Earnings Outlook for the Year

Paychex (PAYX) Shares Rise Following Earnings, No Surprises States Analyst

September 28, 2022 3:12 PM EDT

Paychex (NASDAQ: PAYX) reported earnings before the bell Wednesday, sending its shares higher, currently up 3%.

The HR and Payroll solutions firm reported second-quarter earnings per share of $1.03, $0.06 better than the analyst estimate of $0.97, while revenue came in at $1.21 billion versus the consensus estimate of $1.18 billion.

"We are off to a good start for fiscal 2023, achieving double-digit growth in revenue and earnings. The value proposition of our... More

Paychex (PAYX) Tops Q2 EPS by 6c; Raises Outlook

September 28, 2022 8:31 AM EDT

Paychex (NASDAQ: PAYX) reported Q2 EPS of $1.03, $0.06 better than the analyst estimate of $0.97. Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.18 billion.

GUIDANCE:

Adjusted diluted earnings per share(1) is now anticipated to... More