BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Paychex Stock Dips Despite Q1 Earnings Beat as Market Reacts Cautiously
Paychex Stock Dips Despite Q1 Earnings Beat as Market Reacts Cautiously
10
2
BTCCSquare news:
Paychex shares fell 3.33% in pre-market trading despite reporting fiscal Q1 adjusted EPS of $1.22, surpassing Wall Street's $1.20 estimate. Revenue reached $1.54 billion, matching analyst projections and marking 17% year-over-year growth. The human capital management firm attributed gains to successful Paycor integration and increased client adoption.
Year-to-date performance remains negative, with shares down 6.37% amid broader market volatility. Paychex maintained its fiscal 2026 guidance of 9-11% adjusted EPS growth, offering no additional revisions during the earnings announcement.
By:
