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4-Traders Homepage  >  Equities  >  Nasdaq  >  Paychex, Inc.    PAYX

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Paychex, Inc. : Paychex Schedules Third Quarter Earnings Release and Webcast

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03/14/2012 | 08:11pm CET

ROCHESTER, N.Y., March 14, 2012 - Paychex, Inc. (NASDAQ:PAYX) is scheduled to release financial results for the fiscal 2012 third quarter ended February 29, 2012 via Business Wire after the financial markets close on Wednesday, March 28, 2012.

The Company will host a conference call at 10:30 a.m. ET on Thursday, March 29, 2012 to review the results for the quarter. Participating in this call will be Martin Mucci, President and CEO, and Efrain Rivera, Senior Vice President, CFO, and Treasurer. This call will be simultaneously broadcast over the Internet.

To listen to the Webcast of the conference call, access the Company's Financial Webcasts page at http://investor.paychex.com/webcasts/index.aspx. Webcast participants should access this site in advance of the call to ensure their PCs are properly configured. The Webcast will be archived and available for replay for approximately one month.

Paychex, Inc. is a leading provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses. The company offers comprehensive payroll services, including payroll processing, payroll tax administration, and employee pay services, including direct deposit, check signing, and Readychex®. Human Resource Services include 401(k) plan recordkeeping, section 125 plans, a professional employer organization, time and attendance solutions, and other administrative services for business. A variety of business insurance products, including group health and workers' compensation, are made available through Paychex Insurance Agency, Inc. Paychex, Inc. was founded in 1971. With headquarters in Rochester, New York, the company has more than 100 offices serving approximately 564,000 payroll clients nationwide as of May 31, 2011. For more information about Paychex, Inc. and its products, visit www.paychex.com.

For more information, contact:

Investor Relations:
Efrain Rivera, CFO,
or Terri Allen 585-383-3406
Media Inquiries:
Laura Saxby Lynch 585-383-3074

Click here to listen to the webcast.

Paychex, Inc.'s news releases, current financial information, SEC filings, and investor presentation are accessible at http://investor.paychex.com.

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Financials ($)
Sales 2017 3 173 M
EBIT 2017 1 238 M
Net income 2017 807 M
Finance 2017 767 M
Yield 2017 2,94%
P/E ratio 2017 27,09
P/E ratio 2018 25,18
EV / Sales 2017 6,62x
EV / Sales 2018 6,09x
Capitalization 21 757 M
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Mean consensus HOLD
Number of Analysts 20
Average target price 55,0 $
Spread / Average Target -8,6%
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Managers
NameTitle
Martin Mucci President, Chief Executive Officer & Director
Blase Thomas Golisano Chairman
Efrain Rivera Chief Financial Officer, Treasurer & Senior VP
Michael E. Gioja SVP-Information Technology & Product Management
Grant M. Inman Independent Director
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