Preview: Paychex's Earnings
Portfolio Pulse from Benzinga Insights
Paychex (NASDAQ:PAYX) is set to release its quarterly earnings report on September 27, 2023. Analysts estimate an EPS of $1.12. The company's past performance shows a mixed trend of earnings beats and misses, with corresponding changes in share price. The stock is currently trading at $114.35, down 3.36% over the last 52-week period.
September 26, 2023 | 2:01 pm
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NEUTRAL IMPACT
Paychex is expected to announce its quarterly earnings on September 27, 2023. The stock has been down 3.36% over the last year, indicating a bearish sentiment among long-term shareholders.
The upcoming earnings report is a significant event for Paychex. However, the stock's performance over the last year has been negative, which may indicate a bearish sentiment among long-term shareholders. The impact of the earnings report on the stock price will depend on whether the company meets or exceeds the estimated EPS and the guidance it provides for the next quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100