Paychex Reports $1.32 Q4 EPS, Beating Consensus by One Cent
Paychex reported fourth-quarter earnings of $1.32 per share, exceeding the consensus estimate of $1.31 and marking 11% growth from $1.19 a year earlier.
Paychex reported fourth-quarter earnings of $1.32 per share, exceeding the Zacks Consensus Estimate of $1.31 per share [1]. The result compares to earnings of $1.19 per share in the year-ago quarter, representing 11% year-over-year growth [1].
The beat, though narrow at one cent, marks the second consecutive quarter in which the Rochester-based payroll and human resources services provider has surpassed analyst expectations. Consensus heading into the print had tightened to $1.31 after a series of minor revisions through May.
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