This post was originally published on this site
https://i-invdn-com.akamaized.net/news/LYNXMPEB59082_M.jpg
Paychex announced earnings per share of $0.97 on revenue of $1.14B. Analysts polled by Investing.com anticipated EPS of $0.96 on revenue of $1.14B. That with comparison to EPS of $0.89 on revenue of $1.07B in the same period a year before. Paychex had reported EPS of $0.7 on revenue of $990.7M in the previous quarter. Analysts are expecting EPS of $0.72 and revenue of $1.04B in the upcoming quarter.
Paychex shares are down 29.98% from the beginning of the year , still down 34.21% from its 52 week high of $90.53 set on February 20. They are under-performing the S&P 500 which is down 24.57% year to date.
Paychex shares lost 0.77% in pre-market trade following the report.
Paychex’s report follows an earnings beat by Home Depot on February 25, who reported EPS of $2.28 on revenue of $25.78B, compared to forecasts EPS of $2.11 on revenue of $25.76B.
Pinduoduo had beat expectations on March 11 with first quarter EPS of $-1.52 on revenue of $10.79B, compared to forecast for EPS of $-1.88 on revenue of $11.04B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
