
Paychex (NASDAQ:PAYX) reported its Q2 earnings results on Wednesday, December 22, 2021 at 08:30 AM.
Here's what investors need to know about the announcement.
Earnings
Paychex beat estimated earnings by 13.75%, reporting an EPS of $0.91 versus an estimate of $0.8, which surprised analysts.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09, which was followed by a 2.4% increase in the share price the next day.
Here's a look at Paychex's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.80 | 0.67 | 0.92 | 0.66 |
| EPS Actual | 0.89 | 0.72 | 0.96 | 0.73 |
| Revenue Estimate | 1.04B | 980.48M | 1.11B | 954.00M |
| Revenue Actual | 1.08B | 1.03B | 1.11B | 983.70M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.