Paychex Inc reports results for the quarter ended February 28 - Earnings Summary
26/03/2025 13:30
Paychex Inc PAYX.OQ reported quarterly adjusted earnings of $1.49 per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of $1.38. The mean expectation of fifteen analysts for the quarter was for earnings of $1.48 per share. Wall Street expected results to range from $1.46 to $1.49 per share. Revenue rose 4.8% to $1.51 billion from a year ago; analysts expected $1.52 billion. Paychex Inc's reported EPS for the quarter was $1.43. The company reported quarterly net income of $519.3 million. Paychex Inc shares had risen by 2.8% this quarter. FORECAST CHANGES The mean earnings estimate of analysts was unchanged in the last three months. In the last 30 days, one analyst negatively revised an earnings estimate RECOMMENDATIONS The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 14 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the employment services peer group is also "hold" Wall Street's median 12-month price target for Paychex Inc is $140.50 This summary was machine generated from LSEG data March 26 at 01:30 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Feb. 28 2025 | 1.48 | 1.49 | Beat |
| Nov. 30 2024 | 1.12 | 1.14 | Beat |
| Aug. 31 2024 | 1.14 | 1.16 | Beat |
| May. 31 2024 | 1.10 | 1.12 | Beat |