Edition:
India

Paychex Inc. Q4 Adjusted Earnings Per Share $0.63


Wednesday, 26 Jun 2019 

June 26 (Reuters) - Paychex Inc ::PAYCHEX, INC. REPORTS FOURTH QUARTER AND FISCAL 2019 RESULTS; TOTAL REVENUE GROWTH OF 12% TO $3.8 BILLION FOR THE FISCAL YEAR.Q4 REVENUE $980.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF $979.5 MILLION.Q4 ADJUSTED EARNINGS PER SHARE $0.63.Q4 EARNINGS PER SHARE $0.64.SEES FY 2020 REVENUE UP 10 TO 11 PERCENT.Q4 EARNINGS PER SHARE ESTIMATE $0.64 -- REFINITIV IBES DATA.SEES 2020 MANAGEMENT SOLUTIONS REVENUE IS ANTICIPATED TO GROW APPROXIMATELY 4%.NET INCOME AND DILUTED EARNINGS PER SHARE ARE EXPECTED TO GROW APPROXIMATELY 8% FOR 2020.ADJUSTED NET INCOME AND ADJUSTED DILUTED EARNINGS PER SHARE ARE EXPECTED TO INCREASE IN RANGE OF 8% TO 9% FOR 2020.SEES 2020 INTEREST ON FUNDS HELD FOR CLIENTS IS ANTICIPATED TO GROW IN RANGE OF 4% TO 8%.FY2020 EARNINGS PER SHARE VIEW $3.10, REVENUE VIEW $4.16 BILLION -- REFINITIV IBES DATA. 

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81.47
1.38 +1.72%
16 Aug 2019