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-0.000463238700284704 6.61769571834485E-05 0.000198530871550534 0.000529415657467964 0.00734564224736937 0.00602210310369927 0.00440076765270328 -0.00397061743101067
Stock impact report

Paychex Q3 Earnings & Revenues Surpass Estimates, Increase Y/Y [Yahoo! Finance]

Paychex, Inc. (PAYX) 
Last paychex, inc. earnings: 3/25 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: investor.paychex.com
Company Research Source: Yahoo! Finance
See Zacks Earnings Calendar to stay ahead of market-making news. PAYX's fiscal third-quarter earnings of $1.49 per share beat the Zacks Consensus Estimate by a slight margin and increased 8% from the year-ago quarter. Total revenues of $1.5 billion surpassed the consensus estimate by a slight margin and gained 4.8% from the year-ago quarter. The company's shares have gained 18.6% in a year compared with the 20.6% and 10.7% rallies of the industry and the Zacks S&P 500 composite, respectively. Image Source: Zacks Investment Research Revenues from the Management Solutions segment increased 5% year over year to $1.1 million, meeting our estimate. Professional employer organization (“PEO”) and Insurance Solutions' revenues were $365.4 million, up 6% from the year-ago quarter. The figure missed our expectation of $372.6 million. Service revenues gained 5% year over year to $1.5 billion, meeting our anticipated figure. Interest on funds held for clients dipped 2% from the year-ag Show less Read more
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