Paychex, Inc. (NASDAQ:PAYX) will release earnings results for its second quarter before the opening bell on Friday, Dec. 19.

Analysts expect the Rochester, New York-based company to report quarterly earnings at $1.23 per share, up from $1.14 per share in the year-ago period. The consensus estimate for Paychex's quarterly revenue is $1.55 billion, compared to $1.32 billion a year earlier, according to data from Benzinga Pro.

On Sept. 30, the company reported first-quarter sales growth of 17% year-over-year (Y/Y) to $1.540 billion, topping the analyst consensus estimate of $1.538 billion. Adjusted EPS of $1.22 beat the analyst consensus estimate of $1.21.

Paychex shares fell 2.1% to close at $114.24 on Thursday.

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Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

Considering buying PAYX stock? Here’s what analysts think:

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