Shares of Paychex Inc. (PAYX) dropped 2% in premarket trading on Thursday, despite the company surpassing profit expectations for the fiscal second quarter. While their net income increased to $392.7 million ($1.08 per share) compared to $360.3 million (99 cents per share) in the same period last year, the company's revenue fell slightly short due to cost and labor market … [Read more...] about Paychex Inc. Beats Profit Expectations in Q2
profit expectations
American Express Reports Strong Q3 Performance
American Express Co. has outperformed profit expectations in the third quarter, with strong spending and positive credit metrics. The company recorded a net income of $2.45 billion, or $3.30 per share, compared to $1.88 billion, or $2.47 per share, in the same period last year. Analysts had predicted earnings of $2.95 per share, according to FactSet. Total revenues, excluding … [Read more...] about American Express Reports Strong Q3 Performance
