Paychex (NASDAQ: PAYX) is scheduled to report its earnings at the end of June, with consensus expectations of approximately $1.20 per share, an increase from $1.12 in the same quarter last year. Projected revenues are expected to rise by about 6.5% year-over-year to $1.38 billion. The company’s market capitalization stands at $57 billion, while revenue over the last twelve months was $5.4 billion, with an operating profit of $2.3 billion and net income of $1.7 billion.
In terms of post-earnings performance, Paychex has recorded 20 earnings data points over the past five years, with 11 positive and 9 negative one-day returns. This results in a positive return rate of approximately 55%, which increases to 58% based on a three-year period analysis. The median positive return from these observations was 3.6%, while the median negative return stood at -4.2%.
