Paychex (PAYX) Q4 Earnings Beat Estimates, Revenues Miss
Paychex(PAYX) ZACKS·2024-06-26 23:30
Paychex, Inc. (PAYX) has reported mixed fourth-quarter fiscal 2024 results, wherein earnings beat the Zacks Consensus Estimate but revenues missed the same.PAYX’s earnings of $1.1 per share beat the Zacks Consensus Estimate by 1.8% and increased 15.5% from the year-ago quarter. Total revenues of $1.3 billion missed the consensus estimate marginally but rose 5.3% from the year-ago quarter.Quarter in DetailRevenues from the Management Solutions segment increased 3% on a year-over-year basis to $930.3 million, ...