Categories AlphaGraphs, Technology

Paychex (PAYX) Q4 Earnings: Key financials and quarterly highlights

Paychex, Inc. (NASDAQ: PAYX) reported fourth quarter 2021 earnings results today.

Total revenue grew 12% year-over-year to $1 billion, helped by a 14% growth in service revenue.

GAAP net income rose 19% to $263 million while GAAP EPS increased 20% to $0.73. Adjusted EPS grew 18% to $0.72.

For fiscal year 2022, total revenue is expected to grow approx. 7% while adjusted EPS is estimated to grow 10-12%.

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Earnings calendar for the week of August 2

Labor market conditions improved once again and jobless claims dropped to about 400,000 after rising last week, as economic activity picked up. Stocks rallied in the action-packed week and benchmark

IPO News: Here’s everything you need to know about Healthcare Royalty’s upcoming IPO

In the first half of 2021, a record number of private companies entered stock markets in the US, marking a multifold increase from the same period of 2021. The IPO

ExxonMobil (XOM) Earnings: Q2 numbers top expectations

Energy giant ExxonMobil Corporation (NYSE: XOM) reported a profit for the second quarter of 2021, compared to a loss last year, even as operating conditions continued to improve. The results

Add Comment
Viewing Highlight