Paychex (PAYX) Stock News

Paychex shares fall 8.7% premarket as sales growth slows to 6% from 12%.

Paychex (PAYX) reported Q1 FY2027 total revenue of $1.63 billion, up 6% YoY. Adjusted diluted EPS rose 10% to $1.34. The company raised its outlook for PEO and Insurance Solutions revenue growth to 7-8% and increased its interest income forecast.

Paychex reaffirms FY27 revenue growth outlook of 5%-6%.

Paychex reported first-quarter net income of $429.7 million. The payroll and human-capital management company published the result as part of its quarterly earnings release.

Paychex introduced WISE Hire, an AI-native recruiting solution that claims to speed hiring by 4x on average. The tool automates sourcing, screening, and scheduling while keeping human oversight. It is available standalone or within Paychex's HCM platforms.