earnings
confidence high
sentiment positive
materiality 0.80
Paychex Q2 results: revenue up 13% to $1.11B, EPS $0.91, raises FY outlook
PAYCHEX INC
2022-Q2 EPS reported
$1.83
revenue$2,191,400,000
- Total revenue $1,108.5M, +13% YoY; diluted EPS $0.91, +21%.
- Operating income $440.3M, +24% YoY on higher payroll and HR solutions revenue.
- Adjusted diluted EPS $0.91, +25% YoY (excludes stock-based compensation tax benefits).
- Management raised the full-year fiscal 2022 business outlook, citing momentum.