Paychex (PAYX) Tops Q2 EPS by 6c; Raises Outlook
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Paychex (PAYX) Shares Rise Following Earnings, No Surprises States Analyst
September 28, 2022 3:12 PM EDTPaychex (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