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Barchart
Barchart
Aditya Sarawgi

Paychex's Quarterly Earnings Preview: What You Need to Know

Rochester, New York-based Paychex, Inc. (PAYX) provides integrated human capital management solutions (HCM) for payroll, benefits, human resources (HR), and insurance services for small to medium-sized businesses. With a market cap of $52.7 billion, Paychex operations span the United States, Europe, and internationally.

The tech giant is expected to release its Q4 results on Wednesday, Jun. 25. Ahead of the event, analysts expect PAYX to report an adjusted EPS of $1.20, up 7.1% from $1.12 reported in the year-ago quarter. Moreover, the company has consistently surpassed Wall Street’s earnings estimates in each of the past four quarters.

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