Paychex falls after first-quarter results - PAYX News | RalliesPaychex falls after first-quarter results
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PAYX• Paychex shares fall after Q1 results
- Payroll services provider Paychex's
PAYX.O shares fall 4.3% to $109.64.
- The company reports first-quarter sales of $1.630 billion versus analysts' average estimate of $1.627 billion, according to data compiled by LSEG.
- It reports first-quarter sales in Management Solutions of $1.21 billion versus estimates of $1.23 billion.
- First-quarter adjusted EPS comes in at $1.34 versus estimates of $1.32.
- Up to the last close, the stock had risen 2.1% year to date.
