Paychex: Q4 Earnings Insights

Paychex 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.

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.

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.

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