Paychex shares have gained about 14.4% since its last earnings report, outperforming the S&P 500. The company reported adjusted earnings of $1.32 per share for the fourth quarter of fiscal 2026, beating the Zacks Consensus Estimate of $1.31 and rising 10.9% year over year, while total revenues of $1.61 billion met expectations and increased 12.5%. Management Solutions revenues grew 14% to $1.18 billion, aided by the Paycor acquisition which contributed about 8 percentage points to that segment's growth, and PEO and Insurance Solutions revenues rose 9% to $369.7 million. Operating margin expanded to 37.7% from 30.2% a year earlier, and net income jumped 41% to $420.6 million. For fiscal 2027, Paychex expects total revenue growth of 5 to 6% and adjusted diluted earnings growth of 7 to 9%.
Paychex IncBeat earnings estimates, revenue growth, margin expansion, and positive guidance for fiscal 2027.