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-8.83938831432061E-05 0.000618757182003071 -0.00132590824714922 -0.00185627154600896 -0.00627596570317329 -0.00274021037744178 -0.00733669230089276 -0.0051710421638822
Stock impact report

Paychex Q2 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
PAYX's fiscal second-quarter earnings of $1.26 per share beat the Zacks Consensus Estimate by 1.6% and increased 10.5% from the year-ago quarter. Total revenues of $1.6 billion surpassed the consensus estimate by a slight margin and rallied 18.3% from the year-ago quarter. The company's shares have declined 11.6% over the past three months compared with the 13.5% dip of the industry and against a 2% hike of the Zacks S&P 500 composite. Paychex, Inc. price-consensus-eps-surprise-chart | Paychex, Inc. Quote Revenues from the Management Solutions segment improved 21% year over year to $1.2 billion, meeting our estimate. Professional employer organization (“PEO”) and Insurance Solutions' revenues were $336.9 million, increasing 6% from the year-ago quarter. The figure missed our projected figure of $341.5 million. Service revenues gained 17% year over year to $1.5 billion, meeting our estimated figure. Interest on funds held for clients rallied 51% from the year-ago quarter to Show less Read more
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