Benzinga | Jun 25, 2021 08:31AM EDT

Paychex Q4 Adj. EPS $0.72 Beats $0.67 Estimate, Sales $1.03B Beat $980.48M Estimate

Paychex (NASDAQ:PAYX) reported quarterly earnings of $0.72 per share which beat the analyst consensus estimate of $0.67 by 7.46 percent. This is a 18.03 percent increase over earnings of $0.61 per share from the same period last year. The company reported quarterly sales of $1.03 billion which beat the analyst consensus estimate of $980.48 million by 4.95 percent. This is a 8.19 percent increase over sales of $951.10 million the same period last year.