08:57 AM EDT, 06/26/2024 (MT Newswires) -- Paychex ( PAYX ) reported fiscal Q4 adjusted earnings Wednesday of $1.12 per diluted share, up from $0.97 a year earlier.

Analysts polled by Capital IQ expected $1.10.

Revenue for the quarter ended May 31 was $1.3 billion, up from $1.23 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.29 billion.

The company said it expects fiscal 2025 adjusted diluted EPS to grow 5% to 7%, and revenue to grow 4% to 5.5%.

Shares of the company were up more than 1% in recent Wednesday premarket activity.

Price: 126.50, Change: +1.47, Percent Change: +1.18