Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
The new sharewise is here Clearer, faster, with a light and a dark view — and everything you already know. Try it now
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Paychex Stock Popped on Wednesday

TheMotleyFool 
0 0 26.03.25
Why Paychex Stock Popped on WednesdayPhoto, wide shot, wide-angle lens, Janitorial service, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/4d4e885c-79e9-4b8f-bd91-e9721cd7c2e9.png
 

Shares of payroll and human resources support company Paychex (NASDAQ: PAYX) rose 4.6% through 11:15 a.m. ET despite it turning in only a mixed earnings report this morning.

Expected to earn $1.48 per share on sales of $1.51 billion, Paychex reported $1.49 per share (adjusted for one-time items) on sales of $1.5 billion, beating narrowly on earnings, and missing even more narrowly on sales.

Paychex sales grew 5% year over year in Q3, but adjusted earnings per share grew a better than expected 8%. Earnings as calculated according to generally accepted accounting principles (GAAP), however, grew more slowly than the non-GAAP number, rising only 4% to $1.43 per share.

Continue reading


Source Fool.com

Paychex Inc. Stock

€108.80
4.080%
A very strong showing by Paychex Inc. today, with an increase of €4.26 (4.080%) compared to yesterday's price.
Our community is currently low on Paychex Inc. with 3 Buy predictions and 10 Sell predictions.
With a target price of 102 € there is a slightly negative potential of -6.25% for Paychex Inc. compared to the current price of 108.8 €.
Show more
Like: 0
PAYX
Share

Comments

Not a member yet? Sign up for free!