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Paychex announced earnings per share of $0.91 on revenue of $1.11B. Analysts polled by Investing.com anticipated EPS of $0.7974 on revenue of $1.06B.
Paychex shares are up 23% from the beginning of the year, still down 0.31% from its 52 week high of $126.82 set on November 22. They are outperforming the Nasdaq which is up 19.03% from the start of the year.
Paychex shares gained 3.61% in pre-market trade following the report.
Paychex’s report follows an earnings beat by Broadcom on December 9, who reported EPS of $7.81 on revenue of $7.41B, compared to forecasts EPS of $7.74 on revenue of $7.36B.
Adobe had matched expectations on December 16 with fourth quarter EPS of $3.2 on revenue of $4.11B, compared to forecast for EPS of $3.2 on revenue of $4.09B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
