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J.P. Morgan Expects Paychex's F2Q to Be In Line
Friday, December 10, 2010 - 10:42am | 119Read More...J.P. Morgan expects Paychex's (NASDAQ: PAYX) F2Q to be in line with estimates. In a note to clients, J.P. Morgan writes, "Our Rev/EPS forecasts for F2Q are $512m/$0.35, in line with consensus of $511m/$0.35. Our payroll revenue and HRS growth forecasts are 1% and 12%. Our float income forecast is...
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Paychex CEO Departs, Earnings Rise
Tuesday, September 28, 2010 - 7:50am | 89Read More...Oppenheimer has published a research report for Paychex, Inc. (NASDAQ: PAYX) on the company's outlook and earnings. In the report, Oppenheimer writes "EPS for 1Q:FY11 rose +7% Y/Y to $0.36 ($0.02 above our/Street estimate); upside was driven by better than expected revenue ($9.5M above our estimate...
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Paychex (PAYX) Shares Down After Missing Earnings Estimates
Wednesday, March 24, 2010 - 5:38pm | 113Read More...The weak economy has resulted in Paychex, Inc. (Nasdaq: PAYX) announcing on Wednesday that lower payroll service revenues sent its fiscal 3rd quarter profit down 14%. Paychex said that earnings came in at $112 million, or 31 cents per share, down from $130.8 million, or 36 cents per share, a year...
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Janney Montgomery Scott Upgrades Paychex (PAYX)
Wednesday, March 3, 2010 - 9:20am | 42Read More...Shares of of Paychex, Inc. (Nasdaq: PAYX) were upgraded by Janney Montgomery Scott from a rating of Sell to Neutral. Paychex Inc. closed Tuesday trading at $29.99. The 52 week trading range of Paychex is $20.31 to $32.88.
