10:15 AM EDT, 09/30/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

PAYX Aug-Q results came in largely as expected with a top-line boost from the Paycor acquisition. Total revenue increased 17% to $1.54B, in line with consensus. Management Solutions led the growth at 21% but we note that Paycor contributed approximately 17% of the total revenue growth, highlighting the acquisition's immediate impact on top-line performance. PEO & Insurance Solutions grew a more modest 3%, reflecting steady growth in average PEO worksite employees and insurance revenues. Adj. EPS of $1.22 vs. $1.16 in the prior year beat Street expectations by $0.02, while adj. operating income grew 15% to $627M despite acquisition-related costs. We think the Paycor integration is proceeding as planned. Management continues to target over $80M in annual cost synergies from the Paycor integration and remains on track to achieve these targets. PAYX maintains a solid financial position with $1.7B in cash and corporate investments while returning $549M to shareholders through dividends and share repurchases.