Paychex, Inc. (PAYX) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
Paychex (PAYX) reported earnings 30 days ago. What's next for the stock?
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Paychex is reaffirmed as a 'Buy,' with accelerating organic growth and strong execution post-Paycor acquisition. PAYX's Q3 2026 revenue grew 19.9% YoY, driven by Paycor synergies and robust cross-selling, with organic growth ramping to 6%. Shares trade at a steep 36% discount to fair value, with a forward P/E of 15.9 vs. a revised fair value multiple of 25.
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PAYX rides on SaaS demand, AI innovation and acquisitions to fuel growth, with earnings and revenues poised for solid gains through fiscal 2027.
Paychex, Inc. (PAYX) Q3 2026 Earnings Call Transcript
PAYX tops Q3 estimates with strong revenue and earnings growth, though shares lag despite robust segment performance and upbeat FY'26 outlook.
The headline numbers for Paychex (PAYX) give insight into how the company performed in the quarter ended February 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Paychex (PAYX) came out with quarterly earnings of $1.71 per share, beating the Zacks Consensus Estimate of $1.68 per share. This compares to earnings of $1.49 per share a year ago.
Paychex Inc (NASDAQ:PAYX) reported fiscal third quarter 2026 results that exceeded expectations, sending shares of the human capital management firm almost 4% higher before Wednesday's opening bell. For the quarter ended February 28, adjusted EPS rose 15% year-over-year to $1.71, beating estimates of $1.67, while total revenue increased 20% to $1.81 billion, topping expectations of $1.78 billion, driven by growth across its core business segments.