Paychex Stock Falls On Higher Expenses

Paychex stock dips 4.8% on higher-than-expected expenses Paychex stock fell 4.8% in premarket trading after the company reported Q4 earnings and revenue in line with consensus estimates. The company's SG&A expenses exceeded analysts' expectations. The company iss

Paychex stock dips 4.8% on higher-than-expected expenses

Paychex stock fell 4.8% in premarket trading after the company reported Q4 earnings and revenue in line with consensus estimates.

The company’s SG&A expenses exceeded analysts’ expectations.

The company issued guidance that shows growth slowing after integration.

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