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Paychex announced earnings per share of $0.63 on revenue of $932.2M. Analysts polled by Investing.com anticipated EPS of $0.55 on revenue of $893.6M.
Paychex shares are down 4% from the beginning of the year, still down 10.03% from its 52 week high of $90.53 set on February 20. They are under-performing the Nasdaq 100 which is up 31.79% from the start of the year.
Paychex shares gained 0.42% in pre-market trade following the report.
Paychex’s report follows an earnings beat by Costco on September 24, who reported EPS of $3.51 on revenue of $53.38B, compared to forecasts EPS of $2.85 on revenue of $52.11B.
Lululemon Athletica had beat expectations on September 8 with second quarter EPS of $0.74 on revenue of $902.94M, compared to forecast for EPS of $0.56 on revenue of $844.48M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
