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Paychex Inc. (PAYX) Jumped To A 6-Month High On Strong Q1 Earnings

Paychex Inc. (PAYX) reported first quarter EPS of $0.62 Tuesday morning, up from $0.56 in the previous year. Analysts expected EPS of $0.60.

Paychex gapped open sharply higher Tuesday, but traded in a range for the majority of the session. The stock closed up by 2.18 at $61.99 on the highest volume of the year. Paychex jumped to its highest level since late March.

by RTT Staff Writer

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