Q4 2018

A Paychex, Inc. (NASDAQ: PAYX), divulgou seu resultado trimestral na quarta-feira, 27 de junho. Informou lucro de US $ 0,61 por ação (EPS) no trimestre, abaixo da estimativa de consenso de mercado, que era de US $ 0,62, por US $ 0,01. Teve uma receita de US $ 871,10 milhões no trimestre, ao passo que a expectativa do mercado era de US $ 868,60 milhões. A Paychex teve uma margem líquida de 27,22% e um retorno sobre o patrimônio de 43,42%. A receita da Paychex subiu 9,0% na comparação ano a ano. Durante o mesmo trimestre do ano anterior, o negócio registrou US $ 0,54 EPS.

NASDAQ:PAYX - Paychex Stock Price, Price Target & More | MarketBeat

Fourth Quarter and Full Year Fiscal 2018 Highlights

Total revenue increased 9% to $871.1 million for the fourth quarter; 7% to $3.4 billion for fiscal 2018.

Human Resource Services revenue increased 17% to $401.0 million for the fourth quarter; 14% to $1.5 billion for fiscal 2018.

Payroll service revenue increased 3% to $452.4 million for the fourth quarter; 2% to $1.8 billion for fiscal 2018.

Interest on funds held for clients increased 27% to $17.7 million for the fourth quarter; 26% to $63.5 million for fiscal 2018.

Operating income increased 6% to $317.8 million for the fourth quarter; 4% to $1.3 billion for fiscal 2018. Adjusted operating income(1) increased 6% for both the fourth quarter and for fiscal 2018 to $317.8 million and $1.3 billion, respectively.

Net income increased 17% to $228.5 million for the fourth quarter; 14% to $933.7 million for fiscal 2018. Adjusted net income(1) increased 13% to $219.1 million for the fourth quarter; 15% to $919.9 million for fiscal 2018.

Diluted earnings per share increased 17% to $0.63 per share for the fourth quarter; 15% to $2.58 per share for fiscal 2018.
Adjusted diluted earnings per share(1) increased 13% to $0.61 per share for the fourth quarter; 16% to $2.55 per share for fiscal 2018.

https://www.paychex.com/sites/default/files/2018-06/2018-4q-fiscal.pdf

Martin Mucci, President and Chief Executive Officer, commented, “We had a strong finish to fiscal 2018. Providing our clients the value of our complete human capital management (“HCM”) solutions through a combination of leading-edge technology and flexible service options is driving our results. Our flexible service options, including 7 by 24 access to our specialists, allows our clients to decide when, where and how they access our services.”

Mr. Mucci added, “During fiscal 2018, we completed the acquisitions of HR Outsourcing Holdings, Inc. (“HROI”), a national professional employer organization (“PEO”), and Lessor Group (“Lessor”), a market-leading provider of payroll and human resource (“HR”) software solutions headquartered in Denmark. The integration of these acquisitions has proceeded well. They are showing better-than-expected progress and are expected to make a positive contribution to our longer-term growth. In addition, we had a reduction in tax expense in fiscal 2018 as a result of the enactment of the Tax Cuts and Jobs Act (the “Tax Act”) in December 2017, the most comprehensive tax reform legislation approved in more than two decades. Given our industry-leading operating margins, we are benefiting significantly from tax reform and passing a substantial amount of this benefit to shareholders while also accelerating technology investments for enhanced product value for our clients and future top-line growth.”

https://www.paychex.com/sites/default/files/2018-06/2018-4q-fiscal.pdf