Paychex (PAYX) Tops Q2 EPS by 1c

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Paychex (PAYX) shares dip as revenue misses expectations

December 21, 2023 9:02 AM EST

Paychex (NASDAQ: PAYX) shares are down more than 3% premarket after the company reported earnings for its latest quarter, missing the consensus revenue estimate.

The company reported second-quarter earnings of $1.08, $0.01 better than the analyst estimate of $1.07, while revenue, which rose 6% YoY, came in at $1.26... More