Paychex Inc reports results for the quarter ended May 31 - Earnings Summary
Paychex Inc reports results for the quarter ended May 31 - Earnings Summary
Paychex Inc PAYX.OQ reported quarterly adjusted earnings of $1.32 per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of $1.19. The mean expectation of sixteen analysts for the quarter was for earnings of $1.30 per share. Wall Street expected results to range from $1.27 to $1.33 per share.
Revenue rose 12.5% to $1.61 billion from a year ago; analysts expected $1.60 billion.
Paychex Inc's reported EPS for the quarter was $1.17.
The company reported quarterly net income of $420.6 million.
Paychex Inc shares had risen by 6.4% this quarter and lost 12.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.4% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 13 "hold" and 4 "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 $102.00, about 3.9% above its last closing price of $97.99
This summary was machine generated from LSEG data June 24 at 01:31 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 2026 | 1.30 | 1.32 | Beat |
Feb. 28 2026 | 1.67 | 1.71 | Beat |
Nov. 30 2025 | 1.23 | 1.26 | Beat |
Aug. 31 2025 | 1.21 | 1.22 | Beat |