Paychex Earnings, Revenue Beat in Q4 By


© Reuters. Paychex Earnings, Revenue Beat in Q4 – Paychex (NASDAQ:) reported on Wednesday fourth quarter that beat analysts’ forecasts and revenue that topped expectations.

Paychex announced earnings per share of $0.81 on revenue of $1.14B. Analysts polled by anticipated EPS of $0.7954 on revenue of $1.11B.

Paychex shares are down 12% from the beginning of the year, still down 15.53% from its 52 week high of $141.92 set on April 6. They are outperforming the which is down 28.69% from the start of the year.

Paychex shares gained 0.52% in pre-market trade following the report.

Paychex follows other major Information Technology sector earnings this month

Paychex’s report follows an earnings beat by Oracle on June 13, who reported EPS of $1.54 on revenue of $11.84B, compared to forecasts EPS of $1.37 on revenue of $11.61B.

Accenture had missed expectations on June 23 with third quarter EPS of $2.79 on revenue of $16.16B, compared to forecast for EPS of $2.86 on revenue of $16.04B.

Stay up-to-date on all of the upcoming earnings reports by visiting’s earnings calendar

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