3Wk
Paychex surprised positively with its quarterly figures on Friday (19.12.).
In the second quarter of the current financial year 2025/26 (ending May 31), the US provider of HR and payroll services increased its revenue by 18% to USD 1.56 billion, almost exactly in line with market expectations (consensus: +18% to USD 1.57 billion).
At USD 1.26, adjusted earnings per share (EUR 97.45; US7043261079) were around 2.5% higher than analysts' estimates of USD 1.23.
Management was somewhat more optimistic about the rest of the financial year.
The company narrowed its guidance for earnings per share to an increase of 10 to 11% and thus set it at the upper end of the previously mentioned range of 9 to 11%.
The forecast for sales growth of 16.5% to 18.5% was confirmed.
In the second quarter of the current financial year 2025/26 (ending May 31), the US provider of HR and payroll services increased its revenue by 18% to USD 1.56 billion, almost exactly in line with market expectations (consensus: +18% to USD 1.57 billion).
At USD 1.26, adjusted earnings per share (EUR 97.45; US7043261079) were around 2.5% higher than analysts' estimates of USD 1.23.
Management was somewhat more optimistic about the rest of the financial year.
The company narrowed its guidance for earnings per share to an increase of 10 to 11% and thus set it at the upper end of the previously mentioned range of 9 to 11%.
The forecast for sales growth of 16.5% to 18.5% was confirmed.
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@Smudeo thanks to you
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