While reporting financial results for the fourth quarter on Wednesday, payroll and HR services provider Paychex, Inc. (PAYX) initiated its adjusted earnings growth and revenue growth guidance for the full year 2026.
For fiscal 2026, the company now projects adjusted earnings per share growth in the range of 8.5 to 10.5 percent on total revenues growth of 16.5 to 18.5 percent.
Based adjusted earnings of $4.98 per share and total revenues of $5.57 billion reported for fiscal 2025, the guidance implies adjusted earnings in a range of $5.40 to $5.50 per share on total revenues between $6.49 billion and $6.60 billion for fiscal 2026.
On average, analysts polled currently expect the company to report earnings of $5.37 per share on revenue growth of 18.8 percent to $6.60 billion for the year. Analysts' estimates typically exclude special items.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.