Paychex FY27 Q1 diluted EPS climbs 14% to $1.21; revenue rises 6% to $1.63 billion
Bitget2026/09/23 12:32- Paychex first-quarter fiscal 2027 total revenue rose 6% to $ 1.63 billion, while diluted EPS climbed 14% to $ 1.21.
- Operating income increased 14% to $ 619.2 million, lifting operating margin to 38% from 35.2% a year earlier.
- Management Solutions revenue increased 4% to $ 1.21 billion, and PEO and Insurance Solutions revenue rose 12% to $ 367.6 million.
- John Gibson cited momentum in AI, including early adopter results from the WISE engine and the launch of WISE Hire.
- Fiscal 2027 outlook kept total revenue growth at 5% to 6%, while lifting PEO and Insurance Solutions revenue growth to 7% to 8%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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