Paychex's Q2 2025 results exceeded expectations, driven by strong growth in PEO and Insurance Solutions, and a focus on AI-driven solutions and HR analytics. Despite a solid outlook for FY 2025, risks include a moderating job market and increasing competition in the HR and payroll services industry. The company's valuation is high, trading at a premium to historical and peer group multiples, ma...
Paychex (PAYX 1.44%) notched slight beats on both the top and bottom lines in its latest quarter. Consequently, its share price rose slightly on the news.
Paychex, Inc. (NASDAQ:PAYX ) Q2 2025 Earnings Conference Call December 19, 2024 9:30 AM ET Company Participants Bob Schrader - CFO John Gibson - President and CEO Conference Call Participants Mark Marcon - Baird Bryan Bergin - TD Cowen Ramsey El-Assal - Barclays Andrew Nicholas - William Blair Michael Infante - Morgan Stanley Bryan Keane - Deutsche Bank Kevin McVeigh - UBS Ashish Sabadra - RBC ...
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (the "Company," "Paychex," "we," "our," or "us") today reported results for the fiscal quarter ended November 30, 2024 (the "second quarter"). Results compared with the same period last year were as follows: For the three months ended For the six months ended November 30, November 30, In millions...
ROCHESTER, N.Y.--(BUSINESS WIRE)-- #smallbusiness--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, today released its annual list of top regulatory issues small- and medium-sized businesses should be watching in 2025. Among them are taxes and tax credits, retirement, paid leave, ...
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq: PAYX) will release financial results for its fiscal 2025 second quarter ended November 30, 2024. Paychex will deliver results via Business Wire before the financial markets open on Thursday, December 19, 2024. The company will host a conference call at 9:30 a.m. ET on Thursday, December 19, 2024, to review the results for the quarter. Par...
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--According to the Paychex Small Business Employment Watch, small business job growth across the U.S. remained relatively consistent in November (99.91) and has averaged an index level of 100.25 through 11 months of 2024, representing modest employment growth. Hourly earnings growth (2.97%) and weekly earnings growth (2.84%) for worker...
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #AI--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, announced today a new premium HR Analytics solution that couples real-time data with generative AI Insights capabilities, providing small- and medium-sized businesses with enterprise-l...
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