Paychex Inc. Reports Rise In Q1 Profit
(RTTNews) – Paychex Inc. (PAYX) reported earnings for its first quarter that Increases, from the same period last year
The company’s earnings totaled $429.7 million, or $1.21 per share. This compares with $383.8 million, or $1.06 per share, last year.
Excluding items, Paychex Inc. reported adjusted earnings of $479.2 million or $1.34 per share for the period.
The company’s revenue for the period rose 5.8% to $1.630 billion from $1.540 billion last year.
Paychex Inc. earnings at a glance (GAAP) :
-Earnings: $429.7 Mln. vs. $383.8 Mln. last year.
-EPS: $1.21 vs. $1.06 last year.
-Revenue: $1.630 Bln vs. $1.540 Bln last year.
-Guidance:
Full year EPS guidance: 7 % To 9 %
Full year revenue guidance: 5 % To 6 %
