Inside PAYX’s Results
The company reported net income of $169.4 million, or 46 cents per share, compared to $160.1 million, or 44 cents, a year ago. On average, analysts expected to see EPS of 46 cents.
Revenue rose to $704.3 million from $650.4 million. Analysts expected to see revenue of $701.16 million.
Human Resources Revenue Soars
In the last year, shares of PAYX gained over 17%, compared to a 14% gain in the S&P 500. The stock also offers a 3.05% dividend yield, which is ideal for income-focused investors.
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Mkt Idx||1.57%|
|VFINX||Vanguard 500 Index||1.00%|
|FNKLX||Fidelity Series Equity-Income||0.72%|
The Bottom Line
If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.
Sign up for Advisor Access
Receive email updates about best performers, news, CE accredited webcasts and more.