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Will Top-Line Improvement Aid Paychex (PAYX) in Q3 Earnings? [Yahoo! Finance]
Last paychex, inc. earnings: 3/25 08:15 am
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US:NASDAQ Investor Relations: investor.paychex.com
We expect growing demand for services and higher revenues to have positively impacted the company's performance in the to-be-reported quarter. Paychex, Inc. Price, Consensus and EPS Surprise Paychex, Inc. price-consensus-eps-surprise-chart | Paychex, Inc. Quote Factors to Note Management Solutions is likely to have benefited from growth in the number of clients served across the suite of HCM solutions , price realization, a rise in product penetration and growing ancillary services. Our estimate for revenues from Management Solutions is pegged at $1.1 billion, suggesting a 4.8% rise from the year-ago quarter's actual. Growth in PEO and insurance solution revenues is likely to have resulted from higher revenues per client, including increased insurance revenues and average worksite employees. Our estimate for PEO and insurance solution revenues is pegged at $349.6 million, which indicates an 8.8% increase from the year-ago quarter's reported figure. We expect interest on f
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