Paychex Inc. (PAYX) reported a profit for second quarter that Drops, from the same period last year
The company's bottom line totaled $395.4 million, or $1.10 per share. This compares with $413.4 million, or $1.14 per share, last year.
Excluding items, Paychex Inc. reported adjusted earnings of $454.6 million or $1.26 per share for the period.
The company's revenue for the period rose 18.3% to $1.557 billion from $1.316 billion last year.
Paychex Inc. earnings at a glance (GAAP) :
-Earnings: $395.4 Mln. vs. $413.4 Mln. last year.-EPS: $1.10 vs. $1.14 last year.-Revenue: $1.557 Bln vs. $1.316 Bln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.