Paychex (NASDAQ: PAYX) to release Q2 earnings on Dec. 19. Analysts expect $1.23/share and $1.55 billion revenue. Q1 sales grew 17% to $1.540 billion. Stock fell 2.1% to $114.24.
Paychex, Inc. is set to announce its second-quarter earnings before the market opens on December 19. Analysts are predicting earnings of $1.23 per share, a rise from the previous year's $1.14 per share. Revenue for the quarter is expected to be around $1.55 billion, a significant increase from $1.32 billion a year ago. In the first quarter, the company saw a 17% year-over-year sales growth to $1.540 billion, surpassing the analyst consensus of $1.538 billion. Adjusted EPS was $1.22, beating the estimated $1.21. On the previous day, Paychex's stock closed at $114.24, a 2.1% decrease. For more details, refer to the complete article on Benzinga.com.
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