Paychex (PAYX) Highly Attractive Business Model & Earnings

Paychex (PAYX) adjusted EPS came in at $1.14 versus an estimated $1.12 and revenue came in at $1.29B versus an estimated $1.28B. Ed Butowsky and Sandra Cho discuss the takeaways from PAYX’s quarterly earnings. They discuss what investors should know about PAYX. Ed notes that PAYX has a highly attractive business model, and its margins are impressive with resilience implying competitive position remains strong. They go over what PAYX success says about small and mid-size businesses. They also outline payroll and benefit stocks to know. Tune in to find out more about the stock market today.