PENFIELD (dpa-AFX) - Paychex Inc. (PAYX) reported earnings for its first quarter that Increases, from the same period last year
The company's earnings totaled $429.7 million, or $1.21 per share. This compares with $383.8 million, or $1.06 per share, last year.
Excluding items, Paychex Inc. reported adjusted earnings of $479.2 million or $1.34 per share for the period.
The company's revenue for the period rose 5.8% to $1.630 billion from $1.540 billion last year.
Paychex Inc. earnings at a glance (GAAP) :
-Earnings: $429.7 Mln. vs. $383.8 Mln. last year. -EPS: $1.21 vs. $1.06 last year. -Revenue: $1.630 Bln vs. $1.540 Bln last year.
-Guidance: Full year EPS guidance: 7 % To 9 % Full year revenue guidance: 5 % To 6 %
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