Why Paychex Stock Topped the Market Today

Paychex (NASDAQ: PAYX) notched slight beats on both the top and bottom lines in its latest quarter. Consequently, its share price rose slightly on the news. The financial services company's stock bumped 1.4% higher across Thursday's trading session, which was a better performance than the benchmark S&P 500 index's marginal decline.Paychex unveiled its second quarter of fiscal 2025 results before market open on Thursday, revealing that it earned just under $1.32 billion in total revenue. That was an improvement of 5% over the same period last year. The dynamic was similar on the bottom line, as non-GAAP (adjusted) net income enjoyed 5% year-over-year growth to $411 million ($1.14 per share). Both headline numbers edged past the consensus analyst estimates. On average, pundits tracking Paychex stock were modeling $1.31 billion on the top line and $1.13 per share for adjusted net income. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool