Paychex: Fiscal Q3 Earnings Snapshot
ROCHESTER, N.Y. (AP) — ROCHESTER, N.Y. (AP) — Paychex Inc. (PAYX) on Wednesday reported fiscal third-quarter earnings of $519.3 million.
The Rochester, New York-based company said it had net income of $1.43 per share. Earnings, adjusted for one-time gains and costs, came to $1.49 per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.48 per share.
The payroll processor and human-resources services provider posted revenue of $1.51 billion in the period, matching Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAYX at https://www.zacks.com/ap/PAYX
