Paychex Sees FY24 Adjusted EPS Up 9%-10%; Revenue Up 6%-7%
Portfolio Pulse from Benzinga Newsdesk
Paychex has projected an increase in its FY24 adjusted EPS by 9%-10% and revenue by 6%-7%.
June 29, 2023 | 12:40 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Paychex expects its FY24 adjusted EPS to grow by 9%-10% and revenue to rise by 6%-7%.
The company's positive forecast for FY24 indicates strong financial performance, which is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100