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Paychex beats Q4 earnings estimates but shares dip on cautious 2027 outlook

Company Fundamentals
24 Jun 2026
Proactive Investors
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Neutral
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Paychex reported fiscal Q4 adjusted EPS of $1.32 and revenue of $1.61 billion, both slightly above analyst expectations. Fiscal 2026 revenue rose 17% to $6.51 billion, boosted by the Paycor acquisition and growth in Management Solutions and PEO segments. CEO John Gibson highlighted strong momentum and AI investments. For fiscal 2027, Paychex forecasts 5-6% revenue growth and 7-9% EPS growth, but cautious guidance led to a 2% stock dip.

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