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PAYX — Paychex News Story

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Paychex tumbles after Q4 revenue miss

** Shares of HR platform Paychex PAYX.O falls 8.9% to $138.5 in early trading, lowest in two months

** Stock set for steepest pct loss in more than five years

** Co reports Q4 rev of $1,427.3 mln, below analysts estimate of $1,435 mln, per LSEG

** PAYX Q4 operating income of $431.1 mln also falls short of estimates of $586.3 mln

** Co forecasts 2025 FY rev. growth of 16.5-18.5%; EPS growth of 8.5-10.5%

** One brokerage rates the stock "buy", 13 "hold" and three "sell" and lower; median PT is $154

** Stock down 1.2% YTD, including session moves

(Reporting by Ankita Yadav in Bengaluru)

((Ankita.Yadav@thomsonreuters.com;))

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