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Rochester, New York-based Paychex, Inc. (PAYX) is a provider of human capital management solutions for payroll, benefits, human resources, and insurance services for small to medium-sized businesses. With a market cap of $46 billion, Paychex’s operations span the United States, Europe, and India. It is expected to announce its Q1 earnings on Wednesday, Sept. 25.
Ahead of the event, analysts expect Paychex to report a profit of $1.14 per share, mirroring the year-ago quarter’s reported figure. The company has consistently surpassed Wall Street’s EPS estimates over the past four quarters. Its EPS for the last reported quarter grew by 15.5% annually to $1.12, exceeding the consensus estimates by 1.8%.