Thursday, March 31, 2016

Paychex Inc. (PAYX) Dropped After Q3 Profit Met Expectations

Paychex Inc. (PAYX) reported third quarter EPS of $0.50 Wednesday morning, compared to $0.46 a year ago. Analysts expected EPS of $0.50. Looking ahead to fiscal 2016, Paychex reiterated its outlook for net income to grow 8 to 9 percent.

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