© Reuters. Paychex Earnings, Revenue Beat in Q2
Investing.com – Paychex (NASDAQ:) reported on Wednesday second quarter that beat analysts’ forecasts and revenue that topped expectations.
Paychex announced earnings per share of $0.91 on revenue of $1.11B. Analysts polled by Investing.com anticipated EPS of $0.7974 on revenue of $1.06B.
Paychex shares are up 23% from the beginning of the year, still down 0.31% from its 52 week high of $126.82 set on November 22. They are outperforming the Nasdaq which is up 19.03% from the start of the year.
Paychex shares gained 3.61% in pre-market trade following the report.