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Paychex Q2 Adjusted Earnings Per Share $0.59


Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Paychex Inc ::PAYCHEX, INC. REPORTS SECOND QUARTER RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.59.Q2 EARNINGS PER SHARE $0.60.Q2 REVENUE $826.5 MILLION VERSUS I/B/E/S VIEW $823.2 MILLION.Q2 EARNINGS PER SHARE VIEW $0.59 -- THOMSON REUTERS I/B/E/S.QTRLY TOTAL SERVICE REVENUE ALSO INCREASED 7% TO $812.5 MILLION.- QTRLY PAYROLL SERVICE REVENUE INCREASED 1% TO $444.8 MILLION.- QTRLY HUMAN RESOURCE SERVICES REVENUE INCREASED 15% TO $367.7 MILLION.- GUIDANCE FOR FISCAL 2018 IS UNCHANGED.FY2018 EARNINGS PER SHARE VIEW $2.38 -- THOMSON REUTERS I/B/E/S.FY2018 REVENUE VIEW $3.35 BILLION -- THOMSON REUTERS I/B/E/S.- FISCAL 2018 GUIDANCE DOES NOT INCLUDE ANY IMPACT FROM TAX REFORM LEGISLATION.PAYCHEX - ANTICIPATE THAT IMPACT OF TAX REFORM LEGISLATION WILL BE A BENEFIT OF 10% TO 12% ON OUR ANNUALIZED EFFECTIVE INCOME TAX RATE FOR FISCAL 2018. 

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