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PAYCHEX INC [PAYX]  posts $360.30M profit as revenue falls 1.32% to $1,190.30M

PAYCHEX INC [PAYX] posts $360.30M profit as revenue falls 1.32% to $1,190.30M

By USInMinutes
Published - Dec 22, 2022, 04:34 PM ET
Last Updated - Feb 07, 2023, 01:45 PM EST
EPS:0.99 Net Sales: $1,190.30M  
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PAYCHEX INC [PAYX] posted a profit of $360.30M, marking a fall of 4.98% for this quarter.

Revenue fell to $1,190.30M this quarter compared to $1,206.20M in the previous quarter.

The New York(NY)-based company’s earnings per share came in at 0.99, compared to 1.05 in the last report.

According to the latest quarterly report the company has filed with the SEC, current earnings were $360.30M, down 4.98% from $379.20M.

The company’s net sales for the period were $1,190.30M, down 1.32%. Net sales in the previous quarter were $1,206.20M.

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