=Paychex (PAYX) reported earnings on Wed 28 June 2017 (b/o)

• Paychex tops Street 4Q forecasts

ROCHESTER, N.Y. (AP) _ Paychex Inc. (PAYX) on Wednesday reported fiscal fourth-quarter profit of $195.3 million.

The Rochester, New York-based company said it had profit of 54 cents per share.

The results topped Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share.

The payroll processor and human-resources services provider posted revenue of $798.6 million in the period, which also beat Street forecasts. Thirteen analysts surveyed by Zacks expected $798.2 million.

For the year, the company reported profit of $817.3 million, or $2.25 per share. Revenue was reported as $3.15 billion.

Paychex shares have fallen nearly 4 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 8 percent. The stock has climbed 8 percent in the last 12 months.

=Paychex (PAYX) reported earnings on Wed 29 March 2017 (b/o)

Paychex beats by $0.01, reports revs in-line; reaffirms FY17 guidance:

• Reports Q3 (Feb) earnings of $0.55 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus of $0.54; revenues rose 5.7% year/year to $795.8 mln vs the $799.08 mln Capital IQ Consensus. Total service revenue increased 6% to $782.6 million. Payroll service revenue increased 2% to $446.6 million. Human Resource Services revenue increased 12% to $336.0 million. Operating income increased 10% to $306.6 million.
• Reaffirms FY17 guidance:
  • Payroll service revenue is anticipated to increase in the range of 3% to 4%; HRS revenue is anticipated to increase in the range of 12% to 14%
  • Total service revenue is expected to increase in the range of 7% to 8%
  • Interest on funds held for clients is expected to reflect upper-single-digit growth
  • Net income (GAAP basis) is anticipated to increase ~7% and adjusted net income is anticipated to increase ~8%.

=Paychex (PAYX) reported earnings Wed 30 March 2016 (b/o)

Paychex reports EPS in-line, revs in-line; reaffirms FY16 guidance :

• Reports Q3 (Feb) earnings of $0.50 per share, in-line with the Capital IQ Consensus of $0.50; revenues rose 6.9% year/year to $752.6 mln vs the $751.21 mln Capital IQ Consensus. Total service rev +7% to $741 mln
  • Payroll service rev +4% to $440 mln; HRS rev +12% to $301 mln
• Reaffirms FY16 net income +8-9%, total service rev +7-8%, payroll service rev +4-5; HRS +10-13%. 

PAYX — is it a buy?

• Jan 21:  Is PAYX a buy?

• A buy point about 4 weeks later: