Paychex (PAYX) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Paychex (PAYX) last issued guidance on June 24, 2026 for fiscal year 2027. The company guided earnings per share in the range of $5.9 - $6.01, compared to a consensus EPS estimate of $5.89. Paychex also guided revenue in the range of $6.84B - $6.9B for the period.
Compared to prior guidance, Paychex raised its revenue forecast from a prior range of $6.49B - $6.6B.
Paychex has issued 16 guidance updates between September 28, 2022 and June 24, 2026. During this period, the company raised its outlook 5 times and lowered it 1 time, providing investors with insight into management's evolving expectations.
| Metric | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $1.31 | $1.67 | $1.23 | $1.21 |
| Actual | $1.32 | $1.71 | $1.26 | $1.22 |
| Surprise | +0.76% | +2.40% | +2.44% | +0.83% |
| Revenue | ||||
| Estimate | $1.61B | $1.78B | $1.55B | $1.54B |
| Actual | $1.61B | $1.81B | $1.56B | $1.54B |
| Surprise | +0.06% | +1.58% | +0.40% | +0.10% |
| Metric | Q1 '27E | Q2 '27E | Q3 '27E | Q4 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $1.32 | $1.36 | $1.83 | $1.44 |
| Revenue | ||||
| Consensus | $1.63B | $1.64B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q4 | Jun 24, 2026 | $1.32 | $1.31 | 0.76 % |
| Q3 | Mar 25, 2026 | $1.71 | $1.67 | 2.40 % |
| Q2 | Dec 19, 2025 | $1.26 | $1.23 | 2.44 % |
| Q1 | Sep 30, 2025 | $1.22 | $1.21 | 0.83 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q4 | Jun 24, 2026 | $1.61B | $1.61B | 0.06 % |
| Q3 | Mar 25, 2026 | $1.81B | $1.78B | 1.58 % |
| Q2 | Dec 19, 2025 | $1.56B | $1.55B | 0.40 % |
| Q1 | Sep 30, 2025 | $1.54B | $1.54B | 0.10 % |