Recap: Paychex Q1 Earnings

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:

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.