Analysts on Wall Street project that Paychex (PAYX) will announce quarterly earnings of $1.14 per share in its forthcoming report, representing no change year over year. Revenues are projected to reach $1.31 billion, increasing 2.2% from the same quarter last year. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Ahead of a company's e ...

Wall Street expects flat earnings compared to the year-ago quarter on higher revenues when Paychex (PAYX) reports results for the quarter ended August 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 1, 2024, might help the stock move higher if these key numbers are better th ...

Core Viewpoint - Paychex (PAYX) is well-positioned to continue its earnings-beat streak in upcoming reports, supported by a history of positive earnings surprises and favorable earnings estimates [1][3]. Earnings Performance - For the last reported quarter, Paychex achieved earnings of $1.12 per share, exceeding the Zacks Consensus Estimate of $1.10 per share, resulting in a surprise of 1.82% [2]. - In the previous quarter, the company reported earnings of $1.38 per share against an expected $1.36 per share, delivering a surprise of 1.47% [2]. Earnings Estimates - There has been a favorable change in earnings estimates for Paychex, with a positive Earnings ESP (Expected Surprise Prediction) indicating strong potential for an earnings beat [3][6]. - The current Earnings ESP for Paychex is +2.55%, suggesting that analysts have recently become more optimistic about the company's earnings prospects [6]. Predictive Metrics - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [4]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [5].

ITkach/iStock via Getty Images Paychex (NASDAQ:PAYX), a leader in the Human Capital Management software and payroll space in the United States, was founded in 1971 by Thomas Golisano, and went public in 1983. It has been a monster compounder over the years: since 1994 when Seeking Alpha's data starts, it has delivered a total return of more than 13,700% compared to the S&P 500's 1,100%. It's often a good idea to own leaders and a very good idea to own compounders, but of course, investing is about the futur ...

Colleagues working together at the office. gradyreese/iStock via Getty Images I'm a big believer that there is dignity in work. For most people, I sincerely believe that some kind of work is necessary for health and well-being. At the same time, I believe that it's advisable to plan for the day one no longer wants to/can no longer keep working. I say this as one of the blessed few who enjoy what I do for a living. I hope that I can be an equity analyst for many more decades. Yet, there's still something tha ...

SOPA Images/LightRocket via Getty Images PAYX stock has shown strong gains of 25% from levels of $95 in early January 2021 to around $120 now, vs. an increase of about 50% for the S&P 500 over this roughly 3-year period. However, the increase in PAYX stock has been far from consistent. Returns for the stock were 46% in 2021, -15% in 2022, and 3% in 2023. In comparison, returns for the S&P 500 have been 27% in 2021, -19% in 2022, and 24% in 2023 - indicating that PAYX underperformed the S&P in 2023. In fact, ...

The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, w ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________________________________ FORM 10-K _________________________________________ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended May 31, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to __________ Commission file number 0-11330 ____________________________________ Paychex ...

Paychex, Inc. (PAYX) delivered strong results in the fourth quarter of fiscal 2024, backed by an increase in product penetration, a rise in Professional Employer Organization (PEO) insurance revenues and higher average interest rates. Management Solutions segment's revenues were $930.3 million, which gained 3% year over year. This compares favorably with our estimate of $930.2 million, indicating 2.8% growth from the year-ago quarter. The rise in this segment's revenues was driven by an uptick in the number ...

Please stand by. Your program will begin momentarily. If you should need assistance during your program today, please press star zero. ? ? ? ? ♪ ♪ Mm hmm. the world. Good morning and welcome to the fourth quarter 2024 Paychecks Earnings Conference call. With us today are John Gibson and Bob Schrader. After the speaker's opening remarks, there will be a question and answer period. If you would like to ask a question during this time, simply press star then the number 1 on your telephone keypad. If you would ...