Categories AlphaGraphs, Earnings, Industrials
Paychex’s (PAYX) Q4 earnings and revenue decreases, but exceeds estimates
Paychex (NASDAQ: PAYX) reported fourth quarter 2020 earnings results. Adjusted earnings of $0.61 per share and revenue of $915.1 million decreased year-over-year. However, the company’s bottom and top-line results surpassed market’s view.
For FY21, Paychex expects adjusted EPS to decline in the range of 6% to 10% and revenue to decline in the range of 2% to 5%.
Paychex stock, which decreased 9% so far this year, inched up immediately after the earnings announcement and then declined about 1% in the before market trading hours.
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Broadcom (AVGO) appears to be on track to leverage huge AI opportunity
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JD Earnings: JD.Com reports higher Q4 2024 revenue and adj. profit
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Costco (COST) Q2 2025 profit rises on higher sales; comp sales up 6.8%
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