— 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
NFLX Earnings: Netflix Q1 2025 revenue and profit beat estimates
Netflix, Inc. (NASDAQ: NFLX) on Thursday reported stronger-than-expected revenue and earnings for the first quarter of 2025, as its subscriber base continued to expand. Both revenue and the bottom line
Another tough quarter in the cards as Intel prepares for Q1 2025 earnings
Intel Corporation (NASDAQ: INTC) has been facing intense competition from rivals Nvidia in AI chips and AMD in CPUs, lately. The Semiconductor giant issued weak guidance after reporting lower revenues
What to expect when American Airlines (AAL) reports Q1 2025 earnings results
Shares of American Airlines Group (NASDAQ: AAL) stayed red on Thursday. The stock has dropped 48% over the past three months. The airline is slated to report its earnings results
Comments
Comments are closed.