Paychex, Inc. Reports Third Quarter Results: Strong Revenue and Earnings Growth

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Paychex (PAYX) Tops Q3 EPS by 4c

March 29, 2023 8:40 AM EDT

Paychex (NASDAQ: PAYX) reported Q3 EPS of $1.29, $0.04 better than the analyst estimate of $1.25. Revenue for the quarter came in at $1.38 billion versus the consensus estimate of $1.36 billion.

Business Outlook

Our outlook for the fiscal year ending May 31, 2023 (fiscal 2023) incorporates current assumptions and market conditions.... More