Paychex (NASDAQ:PAYX) reported its Q3 earnings results on Wednesday, March 30, 2022 at 08:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Paychex beat estimated earnings by 9.52%, reporting an EPS of $1.15 versus an estimate of $1.05.
Revenue was up $164.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11 which was followed by a 0.62% increase in the share price the next day.
Here’s a look at Paychex’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.80 | 0.80 | 0.67 | 0.92 |
| EPS Actual | 0.91 | 0.89 | 0.72 | 0.96 |
| Revenue Estimate | 1.06B | 1.04B | 980.48M | 1.11B |
| Revenue Actual | 1.11B | 1.08B | 1.03B | 1.11B |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
