PENFIELD (dpa-AFX) - While reporting financial results for the fourth quarter on Wednesday, payroll and HR services provider Paychex, Inc. (PAYX) initiated its adjusted earnings growth and revenue growth guidance for the full year 2026.
For fiscal 2026, the company now projects adjusted earnings per share growth in the range of 8.5 to 10.5 percent on total revenues growth of 16.5 to 18.5 percent.
Based adjusted earnings of $4.98 per share and total revenues of $5.57 billion reported for fiscal 2025, the guidance implies adjusted earnings in a range of $5.40 to $5.50 per share on total revenues between $6.49 billion and $6.60 billion for fiscal 2026.
On average, analysts polled currently expect the company to report earnings of $5.37 per share on revenue growth of 18.8 percent to $6.60 billion for the year. Analysts' estimates typically exclude special items.
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