S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Top 5 AI Stocks to Buy for 2024 (Ad)
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
Your Money is Not Safe (Ad)
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
The Next Nvidia? (Ad)
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Top 5 AI Stocks to Buy for 2024 (Ad)
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
Your Money is Not Safe (Ad)
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
The Next Nvidia? (Ad)
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Top 5 AI Stocks to Buy for 2024 (Ad)
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
Your Money is Not Safe (Ad)
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
The Next Nvidia? (Ad)
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Top 5 AI Stocks to Buy for 2024 (Ad)
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
Your Money is Not Safe (Ad)
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
The Next Nvidia? (Ad)
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
Free Trial

Paychex (PAYX) Earnings Date, Estimates & Call Transcripts

→ Biden’s $374B Giveaway Into This Sector (From DTI) (Ad)
Free payx Stock Alerts
$117.79
-1.35 (-1.13%)
(As of 04/18/2024 ET)
Compare
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

Earnings Summary

Upcoming
Earnings Date
Jul. 4Estimated
Actual EPS
(Apr. 2)
$1.38 Beat By $0.01
Consensus EPS
(Apr. 2)
$1.37
Read Call Transcript
Listen to Call
Skip Charts & View Estimated and Actual Earnings Data
Earnings Per ShareRevenue

PAYX Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

PAYX Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Paychex Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20244$1.11$1.13$1.12 
Q2 20244$1.06$1.08$1.07 
Q3 20244$1.28$1.42$1.36 
Q4 20244$1.02$1.10$1.08 
FY 202416$4.47$4.73$4.62 
Q1 20252$1.19$1.20$1.20 
Q2 20252$1.13$1.14$1.14 
Q3 20252$1.40$1.42$1.41 
Q4 20252$1.17$1.21$1.19 
FY 20258$4.89$4.97$4.93 
Q1 20261$1.31$1.31$1.31 
Q2 20261$1.25$1.25$1.25 
Q3 20261$1.44$1.44$1.44 

PAYX Earnings Date and Information

Paychex last issued its earnings data on April 2nd, 2024. The business services provider reported $1.38 EPS for the quarter, beating analysts' consensus estimates of $1.37 by $0.01. The business earned $1.44 billion during the quarter, compared to analysts' expectations of $1.46 billion. Its revenue was up 4.2% on a year-over-year basis. Paychex has generated $4.59 earnings per share over the last year ($4.59 diluted earnings per share) and currently has a price-to-earnings ratio of 25.7. Earnings for Paychex are expected to grow by 5.52% in the coming year, from $4.71 to $4.97 per share. Paychex has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, July 4th, 2024 based off prior year's report dates.

Paychex Earnings History by Quarter

Export to Excel
DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
7/4/2024
Estimated)		------- 
4/2/2024Q3 2024$1.37$1.38+$0.01$1.38$1.46 billion$1.44 billion    
12/21/2023Q2 2024$1.07$1.08+$0.01$1.08$1.27 billion$1.26 billion    
9/27/2023Q3 2023$1.12$1.14+$0.02$1.12$1.28 billion$1.29 billion    
6/29/2023Q2 2023$0.97$0.97-$0.97$1.22 billion$1.20 billion    
3/29/2023Q3 2023$1.24$1.29+$0.05$1.29$1.35 billion$1.38 billion    
12/22/2022Q2 2023$0.95$0.99+$0.04$0.99$1.18 billion$1.17 billion    
9/28/2022Q1 2023$0.97$1.03+$0.06$1.01$1.17 billion$1.21 billion    
6/29/2022Q4 2022$0.79$0.81+$0.02$0.80$1.11 billion$1.13 billion    
3/30/2022Q3 2022$1.04$1.15+$0.11$1.11$1.22 billion$1.28 billion    
12/22/2021Q4 2021$0.80$0.91+$0.11$0.91$1.06 billion$1.11 billion    
9/29/2021Q3 2021$0.80$0.89+$0.09$0.86$1.04 billion$1.09 billion    
6/24/2021Q2 2021$0.67$0.72+$0.05$0.71$980.02 million$1.03 billion    

Paychex Earnings - Frequently Asked Questions

When is Paychex's earnings date?

Paychex has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, July 4th, 2024 based off last year's report dates. Learn more on PAYX's earnings history.

Did Paychex beat their earnings estimates last quarter?

In the previous quarter, Paychex (NASDAQ:PAYX) reported $1.38 earnings per share (EPS) to beat the analysts' consensus estimate of $1.37 by $0.01. Learn more on analysts' earnings estimate vs. PAYX's actual earnings.

How can I listen to Paychex's earnings conference call?

The conference call for Paychex's latest earnings report can be listened to online. Listen to Conference Call

How can I read Paychex's conference call transcript?

The conference call transcript for Paychex's latest earnings report can be read online. Read Transcript

How much revenue does Paychex generate each year?

Paychex (NASDAQ:PAYX) has a recorded annual revenue of $5.01 billion.

How much profit does Paychex generate each year?

Paychex (NASDAQ:PAYX) has a recorded net income of $1.56 billion. PAYX has generated $4.59 earnings per share over the last four quarters.

What is Paychex's price-to-earnings ratio?

Paychex (NASDAQ:PAYX) has a trailing price-to-earnings ratio of 25.66 and a forward price-to-earnings ratio of 25.01. The price/earnings-to-growth ratio is 3.42.

What is Paychex's EPS forecast for next year?

Paychex's earnings are expected to grow from $4.71 per share to $4.97 per share in the next year, which is a 5.52% increase.


More Earnings Resources from MarketBeat

Related Companies:
Earnings Tools:
Earnings By Country:
Latest Articles:
This page (NASDAQ:PAYX) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners
[Urgent!] Generational Wealth Gameplan
Crypto 101 Media
The Best AI Stock to Own in the World Today is Trading for Just $25
Banyan Hill Publishing
Biden’s $374B Giveaway Into This Sector
DTI
Biden replacement revealed?
Paradigm Press
The “Perfect Storm” for Gold
Gold Safe Exchange
Did You Get Your Free Bitcoin Yet?
Crypto Swap Profits
Your Money is Not Safe
American Alternative
The Next Nvidia?
InvestorPlace