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 shares fall 6.6% to $107 premarket.
- The company reports Q1 sales of $1.630 billion, versus analysts' average estimate of $1.627 billion.
- It reports Q1 sales in Management Solutions of $1.21 billion, versus estimates of $1.23 billion.
- Q1 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.
