Categories AlphaGraphs, Earnings, Industrials

Key highlights from Paychex (PAYX) Q1 2021 earnings results

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Paychex, Inc. (NASDAQ: PAYX) reported first quarter 2021 earnings results today.

Total revenue fell 6% year-over-year to $932.2 million.

GAAP net income decreased 20% to $211.6 million while EPS fell 19% to $0.59 per share. Adjusted net incomedropped 11% to $228 million, or $0.63 per share.  

For fiscal year 2021, total revenue is anticipated to decline 2-4% while adjusted EPS is expected to decline 6-8%.

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Paychex (PAYX) Q4 2020 Earnings Infograph
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Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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