Paychex: Q1 Earnings Insights

PaychexPAYX stock rose by 2.4% on Friday after the company reported its Q1 earnings results on Thursday, September 30, 2021 at 08:30 AM.

Here's what investors need to know about the announcement.

Paychex beat their estimated earnings by 11.25%, which surprised analysts.

Revenue was up $150,800,000 from the same period last year.

Last quarter the company beat on EPS by $0.05, which was followed by a 1.28% increase in the share price the next day.

Here's a look at Paychex's past performance and the resulting price change:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.80	0.67	0.92	0.66	0.55
EPS Actual	0.89	0.72	0.96	0.73	0.63
Price Change %	2.4%	1.28%	-0.64%	0.33%	1.37%

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