Paychex Provides FY20 Guidance

Date : 06/26/2019 @ 2:42PM
Source : Dow Jones News
Stock : Paychex, Inc. (PAYX)
Quote : 84.09  -0.47 (-0.56%) @ 10:00PM

Paychex Provides FY20 Guidance

Paychex, Inc. (NASDAQ:PAYX)
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By Kimberly Chin

 

Paychex Inc. (PAYX) gave its fiscal year 2020 outlook Wednesday.

For fiscal 2020 ending May 31, the company expects net income and per-share earnings to rise 8%. On an adjusted basis, the company expects net income and per-share earnings to increase 8% to 9%.

Total revenue growth for the year is projected to be between 10% and 11%.

 

Write to Kimberly Chin at kimberly.chin@wsj.com

 

(END) Dow Jones Newswires

June 26, 2019 09:27 ET (13:27 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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