Paychex, Inc. Reports Third Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Paychex (PAYX) Tops Q3 EPS by 2c, Offers Outlook
March 25, 2020 8:16 AM EDTPaychex (NASDAQ: PAYX) reported Q3 EPS of $0.97, $0.02 better than the analyst estimate of $0.95. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.14 billion.
Outlook:
Our outlook for the fiscal year ending May 31, 2020 (fiscal 2020) incorporates known and some estimated impacts related to the COVID-19 virus, including the most recent reductions in the Federal Funds rate. The impact from... More
