Paychex PAYX reported its Q1 earnings results on Wednesday, September 28, 2022 at 08:30 AM.
Here's what investors need to know about the announcement.
Earnings
Paychex beat estimated earnings by 6.19%, reporting an EPS of $1.03 versus an estimate of $0.97.
Revenue was up $123.20 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 0.85% drop in the share price the next day.
Here's a look at Paychex's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 0.79 | 1.05 | 0.80 | 0.80 |
EPS Actual | 0.81 | 1.15 | 0.91 | 0.89 |
Revenue Estimate | 1.11B | 1.22B | 1.06B | 1.04B |
Revenue Actual | 1.14B | 1.28B | 1.11B | 1.08B |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
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.