Paychex FY27 Q1 diluted EPS climbs 14% to $1.21; revenue rises 6% to $1.63 billion - PAYX News | RalliesPaychex FY27 Q1 diluted EPS climbs 14% to $1.21; revenue rises 6% to $1.63 billion
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PAYX• Fiscal 2027 outlook
- Fiscal 2027 outlook kept total revenue growth at 5% to 6%, while lifting PEO and Insurance Solutions revenue growth to 7% to 8%.
AI and business momentum
- John Gibson cited momentum in AI, including early adopter results from the WISE engine and the launch of WISE Hire.
First-quarter fiscal 2027 results
- Paychex first-quarter fiscal 2027 total revenue rose 6% to $1.63 billion, while diluted EPS climbed 14% to $1.21.
- Operating income increased 14% to $619.2 million, lifting operating margin to 38% from 35.2% a year earlier.
- Management Solutions revenue increased 4% to $1.21 billion, and PEO and Insurance Solutions revenue rose 12% to $367.6 million.
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