Paychex: Fiscal Q4 Earnings Snapshot

Paychex Inc. reported fiscal Q4 earnings of $420.6 million, with adjusted earnings of $1.32 per share, exceeding Wall Street expectations of $1.31 per share. The company also posted revenue of $1.61 billion, above forecasts of $1.6 billion. Annual profit for 2023 was $1.76 billion, with revenue of $6.51 billion.