ROCHESTER, N.Y. (AP) — ROCHESTER, N.Y. (AP) — Paychex Inc. (PAYX) on Tuesday reported fiscal third-quarter profit of $498.6 million. On a per-share basis, the Rochester, New York-based company said it had net income of $1.38. The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.36 per share. The payroll processor and human-resources services provider posted revenue of $1.44 billion in the period,... Read this story
