Paychex Inc reports results for the quarter ended May 31 - Earnings Summary
25/06/2025 16:37
Paychex Inc PAYX.OQ reported quarterly adjusted earnings of $1.19 per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of $1.12. The mean expectation of fifteen analysts for the quarter was for earnings of $1.19 per share. Wall Street expected results to range from $1.08 to $1.21 per share. Revenue rose 10.2% to $1.43 billion from a year ago; analysts expected $1.44 billion. Paychex Inc's reported EPS for the quarter was 82 cents. The company reported quarterly net income of $297.2 million. Paychex Inc shares had fallen by 1.3% this quarter and gained 8.6% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 1.5% in the last three months. In the last 30 days, six analysts negatively revised earnings estimates RECOMMENDATIONS The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 13 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the employment services peer group is "buy." Wall Street's median 12-month price target for Paychex Inc is $154.00, about 1.1% above its last closing price of $152.25 This summary was machine generated from LSEG data June 25 at 03:37 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 |
| May. 31 2025 | 1.19 | 1.19 | Met |
| Feb. 28 2025 | 1.48 | 1.49 | Beat |
| Nov. 30 2024 | 1.12 | 1.14 | Beat |
| Aug. 31 2024 | 1.14 | 1.16 | Beat |