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Paychex Inc. reported its second-quarter earnings for fiscal year 2025, with total revenue reaching $1.32 billion, marking a 4.7% increase year-over-year. The earnings per share (EPS) was $1.14, reflecting a 5.6% year-over-year growth and exceeding analysts' expectations of $1.12. The company's revenue surpassed estimates by $7 million. Paychex reaffirmed its fiscal year 2025 outlook, projecting total revenue growth between 4% and 5.5%, despite facing a 200 basis point headwind from the expiration of the RTC. Management Solutions revenue is expected to grow between 3% and 4%.
Paychex $PAYX has released its quarterly earnings. Revenue of $1.32B (+4.70% YoY) beats by $7M. EPS of $1.14 (+5.56% YoY) beats by $0.01.
$PAYX Guidance: "Total revenue is still expected to grow in the range of 4% to 5.5% and as a reminder, this includes approximately 200 basis points of headwind from the expiration of RTC. Management Solutions is still expected to grow in the range of 3% to 4%. PEO and Insurance… https://t.co/Kp4oBm2VSA
$PAYX (+3.0% pre) Earnings Snapshot: Paychex beats top-line and bottom-line estimates; reaffirms FY25 outlook https://t.co/ffonvoFhVI