Shares of Paychex PAYX increased 0.2% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share decreased 11.27% over the past year to $0.63, which beat the estimate of $0.55.
Revenue of $932,200,000 declined by 6.03% year over year, which beat the estimate of $895,380,000.
Looking Ahead
How To Listen To The Conference Call
Date: Oct 06, 2020
Time: 09:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/wb7nis78
Price Action
52-week high: $90.53
Company's 52-week low was at $47.87
Price action over last quarter: Up 8.99%
Company Profile
Paychex competes in the payroll outsourcing industry. It is the second- largest player in terms of revenue and focuses on providing this service to small and midsize businesses. Paychex was created from the consolidation of 17 payroll processors in 1979 and services about 590,000 clients. The firm has almost 13,000 employees and is based in Rochester, New York.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
