Paychex (NASDAQ: PAYX) reported first-quarter earnings per share (EPS) of $1.16, surpassing analyst expectations by $0.02. Revenue came in at $1.32 billion, slightly above the forecasted $1.31 billion.
The stock closed at $134.19, marking a 14.17% increase over the past 3 months and a 17.94% rise in the last year. Despite this, Paychex faced 11 negative EPS revisions in the last 90 days.
InvestingPro rates Paychex’s financial health as “great performance.”
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