After the company reported its full-year 2024 earnings results, shares of Paychex Inc. NASDAQ: PAYX are trading lower by as much as 5.5% in the morning's trading session. The initial reaction to earnings came as a surprise, as the actual results were nothing to bearish about, although management's guidance could have disappointed those used to easy profits. PAYX Paychex Today Paychex $117.39 -7.64 (-6.11%) 52-Week Range $106.27 ▼ $129.70 Dividend Yield 3.34% P/E Ratio 25.58 Price Target $123.00 Add to Watch ...

Please stand by. Your program will begin momentarily. If you should need assistance during your program today, please press star zero. ? ? ? ? ♪ ♪ ♪ ♪ 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 like ...

Paychex, Inc. (NASDAQ:PAYX) Q4 2024 Earnings Conference Call June 26, 2024 9:30 AM ET Company Participants John Gibson - President and CEO Bob Schrader - CFO Conference Call Participants Bryan Bergin - TD Cowen Kevin McVeigh - UBS James Faucette - Morgan Stanley Samad Samana - Jefferies Caroline Latta - Bank of America Andrew Nicholas - William Blair Ashish Sabadra - RBC Capital Markets Peter Christiansen - Citi Ramsey El-Assal - Barclays Bryan Keane - Deutsche Bank David Togut - Evercore ISI Kartik Mehta - ...

Paychex, Inc. (PAYX) has reported mixed fourth-quarter fiscal 2024 results, wherein earnings beat the Zacks Consensus Estimate but revenues missed the same. PAYX's earnings of $1.1 per share beat the Zacks Consensus Estimate by 1.8% and increased 15.5% from the year-ago quarter. Total revenues of $1.3 billion missed the consensus estimate marginally but rose 5.3% from the year-ago quarter. Quarter in Detail Revenues from the Management Solutions segment increased 3% on a year-over-year basis to $930.3 milli ...

Please stand by. Your program will begin momentarily. If you should need assistance during your program today, please press star zero. ? ? ? ? ? ? ? ? ♪ ♪ You. 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 one on your telephone keypad. If you would like ...

The reported revenue compares to the Zacks Consensus Estimate of $1.3 billion, representing a surprise of -0.29%. The company delivered an EPS surprise of +1.82%, with the consensus EPS estimate being $1.10. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Revenue- Management Solutions: $930.30 million versus $932.23 million estimated by seven analysts on averag ...

Paychex (PAYX) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 1.82%. A quarter ago, it was expected that this payroll processor and human-resources services provider would post earnings of $1.36 per share when it actually produced earnings of $1.38, delivering a surprise of 1.47%. Ov ...

Total Revenue Professional Employer Organization ("PEO") o Excluding ERTC, revenue growth accelerated in Q4 to 8% 7 HR Tech Award from Lighthouse Research & Advisory – Best Small Business-focused Solution in the Core HR/Workforce Category * 5-Year CAGR Financial Results | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------|-------|-------------------------------------|-------|-------|-------|-------| | (In millions, except per share amounts) | | Three Months Ended % \nMay 31 ...

Paychex, Inc. Reports Fourth Quarter and Full Year 2024 Results Professional Employer Organization ("PEO") and Insurance Solutions revenue increased 9% to $326.6 million for the fourth quarter primarily due to the following: • Growth in the number of average PEO worksite employees; and • Increase in PEO insurance revenues. (1) Adjusted operating income, adjusted operating margin and adjusted diluted earnings per share are not U.S. GAAP measures. Please refer to the "Non-GAAP Financial Measures" section on p ...

See all Trefis Price Estimates UKRAINE - 2021/12/17: In this photo illustration, Paychex, logo seen displayed on a smartphone. ... [+] (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Payroll and HR solutions player Paychex is expected to publish its Q4 FY'24 results on June 26, reporting on a period that saw the U.S. job market remain relatively buoyant. We expect earnings for the quarter to come in at about $1.06 per share, marginally ...