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Paychex announced earnings per share of $0.73 on revenue of $983.7M. Analysts polled by Investing.com anticipated EPS of $0.66 on revenue of $953.96M.
Paychex shares are up 13% from the beginning of the year, still down 0.55% from its 52 week high of $97.16 set on December 21. They are under-performing the S&P 500 which is up 14.13% from the start of the year.
Paychex shares gained 2.45% in pre-market trade following the report.
Paychex’s report follows an earnings beat by Costco on December 10, who reported EPS of $2.29 on revenue of $43.21B, compared to forecasts EPS of $2.05 on revenue of $46.33B.
Dollar General had beat expectations on December 3 with third quarter EPS of $2.31 on revenue of $8.2B, compared to forecast for EPS of $2.02 on revenue of $8.14B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
