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News

What Paychex's Earnings Mean For Mutual Fund Investors (PAYX)

Shauna O'Brien Mar 25, 2015



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
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



The Bottom Line


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