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Stock impact report

Paychex Third Quarter 2024 Earnings: Revenues Disappoint [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
Net income: US$498.6m (up 6.7% from 3Q 2023). Profit margin: 35% (in line with 3Q 2023). EPS: US$1.39 (up from US$1.30 in 3Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Paychex Revenues Disappoint Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) was mostly in line with analyst estimates. Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Professional Services industry in the US. Performance of the American Professional Services industry. The company's shares are up 2.1% from a week ago. Balance Sheet Analysis While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Paychex's balance sheet and an in-depth analysis of the company's financial position. Have feedback on this article? Concerned about the con Show less Read more
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