Paychex (NASDAQ:PAYX) reported its Q4 earnings results on Thursday, June 29, 2023 at 08:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Paychex reported in-line EPS of $0.97 versus an estimate of $0.97.
Revenue was up $86.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 2.15% drop in the share price the next day.
Here’s a look at Paychex’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.24 | 0.95 | 0.97 | 0.79 |
| EPS Actual | 1.29 | 0.99 | 1.03 | 0.81 |
| Revenue Estimate | 1.36B | 1.19B | 1.19B | 1.11B |
| Revenue Actual | 1.38B | 1.19B | 1.21B | 1.14B |
To track all earnings releases for Paychex visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
