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Paychex (PAYX) Q4 Earnings Beat Estimates
ZACKS· 2024-06-26 22:40
Paychex (PAYX) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 1.82%. A quarter ago, it was expected that this payroll processor and human-resources services provider would post earnings of $1.36 per share when it actually produced earnings of $1.38, delivering a surprise of 1.47%. Ov ...
Paychex(PAYX) - 2024 Q4 - Earnings Call Presentation
2024-06-26 22:03
Fourth Quarter Highlights and Financial Results Fiscal 2024 Forward Looking Statements You should be aware that certain written and oral statements made by management may constitute “forward-looking statements” within the meaning of the safe-harbor provisions of the United States (“U.S.”) Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations, and assumpt ...
Paychex(PAYX) - 2024 Q4 - Annual Results
2024-06-26 20:35
PRESS RELEASE OF PAYCHEX, INC. DATED JUNE 26, 2024 Paychex, Inc. Reports Fourth Quarter and Full Year 2024 Results • Solid Total Revenue Growth and Operating Margin Expansion • Full Year 2024 Diluted EPS Growth of 9%; Adjusted Diluted EPS(1) Growth of 11% • Issues Fiscal 2025 Business Outlook Rochester, N.Y. (June 26, 2024) - Paychex, Inc. (the "Company," "Paychex," "we," "our," or "us") today announced the following results for the fiscal quarter ended May 31, 2024 (the "fourth quarter") and fiscal year en ...
What To Expect From Paychex Q4 Results
Forbes· 2024-06-25 23:00
UKRAINE - 2021/12/17: In this photo illustration, Paychex, logo seen displayed on a smartphone. ... [+] (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesPayroll and HR solutions player Paychex is expected to publish its Q4 FY’24 results on June 26, reporting on a period that saw the U.S. job market remain relatively buoyant. We expect earnings for the quarter to come in at about $1.06 per share, marginally ahead of consensus estimates, wh ...
Paychex (PAYX) to Report Q4 Earnings: What's in the Offing?
ZACKS· 2024-06-21 23:05
Paychex, Inc. (PAYX) will release its fourth-quarter fiscal 2024 results on Jun 26, before market open.PAYX surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed once, delivering an average negative surprise of 0.79%.Q4 ExpectationsThe consensus estimate for Paychex’s fourth-quarter fiscal 2024 revenues is pegged at $1.3 billion, indicating a 5.6% increase from the year-ago quarter’s reported figure. The top line is expected to have been driven by growth in clients, higher ...
Seeking Clues to Paychex (PAYX) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
ZACKS· 2024-06-21 22:16
Wall Street analysts forecast that Paychex (PAYX) will report quarterly earnings of $1.10 per share in its upcoming release, pointing to a year-over-year increase of 13.4%. It is anticipated that revenues will amount to $1.3 billion, exhibiting an increase of 5.6% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a ...
Paychex Stock Underperforms Amid Economic Uncertainty. Can It Recover To Over $140?
Forbes· 2024-05-31 19:00
UKRAINE - 2021/12/17: In this photo illustration, Paychex, logo seen displayed on a smartphone. ... [+] (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesPaychex stock currently trades at $118 per share, around 16% below its level of $141 seen on April 6, 2022 (pre-inflation shock high), and has the potential for gains. In comparison, the company’s peer ADP stock has remained roughly flat over the same period. Paychex Paychex saw its stock ...
Reasons to Hold Paychex (PAYX) Stock in Your Portfolio
zacks.com· 2024-05-27 21:56
Paychex, Inc. (PAYX) has had an impressive run over the past year, appreciating 15%.The company has an expected long-term (three to five years) EPS growth rate of 7.3%. Its earnings for fiscal 2024 and 2025 are anticipated to grow 10.3% and 5.6%, respectively, year over year.Factors That Bode WellPaychex has seen significant growth by providing industry-leading service and technology solutions to clients and employees. This growth is driven by a robust business model, diverse offerings and strategic acquisi ...
Paychex(PAYX) - 2024 Q3 - Quarterly Report
2024-04-03 04:03
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________________________________ FORM 10-Q _________________________________________ (cid:0) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended February 29, 2024 OR (cid:0) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from __________to __________ Commission file number 0-11330 _______________ ...
Paychex(PAYX) - 2024 Q3 - Earnings Call Transcript
2024-04-03 01:06
Paychex, Inc. (NASDAQ:PAYX) Q3 2024 Results Conference Call April 2, 2024 9:30 AM ET Company Participants John Gibson - President and Chief Executive Officer Bob Schrader - Chief Financial Officer Conference Call Participants Mark Marcon - Baird Kevin McVeigh - UBS Tien-Tsin Huang - JPMorgan Bryan Bergin - TD Cowen Samad Samana - Jefferies James Faucette - Morgan Stanley Ramsey El-Assal - Barclays David Paige - RBC Capital Markets Bryan Keane - Deutsche Bank Scott Wurtzel - Wolfe Research Operator Good day, ...