— Paychex, Inc. (NASDAQ: PAYX) reported adjusted earnings of $0.70 per share for the second quarter of 2020, vs. $0.68 per share expected.
— Net income rose to $258.7 million or $0.72 per share from $235.8 million or $0.65 per share in the second quarter of 2019
— At $990.7 billion, second-quarter revenues were up 15% from last year, vs. $987.65 billion analysts expected
— Earnings before interest, taxes, depreciation, and amortization increased 16% to $398.8 million
— Total expenses increased 18% to $649.0 million in Q2, compared to the same period last year
— Repurchased 2 million shares of common stock for a total of $171.9 million during the year-to-date period
— Expects Management Solutions revenue to grow in the range of 5% to 5.5% in fiscal 2020
— Sees full-year PEO and Insurance Services revenue increasing between 25% and 30%
— Expects earnings per share to grow in the range of 9% to 10% in the whole of 2020
Most Popular
Key highlights from CarMax (KMX) Q2 2023 earnings results
CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,
Should you buy Domino’s Pizza (DPZ) stock ahead of Q3 earnings?
The fast-food industry is among the worst affected by the inflation-induced dip in consumer confidence, which is weighing on the demand for discretionary items. Domino’s Pizza, Inc. (NYSE: DPZ) is
Infographic: Key highlights from Paychex (PAYX) Q1 2023 earnings results
Paychex Inc. (NASDAQ: PAYX) reported first quarter 2023 earnings results today. Total revenue rose 11% year-over-year to $1.20 billion. Net income grew 14% to $379.2 million, or $1.05 per share,
