Paychex Lowers Revenue Guidance, but Remains Inline with Estimates

Wed. September 24, 2008; Posted: 04:20 PM

Sep 24, 2008 (EarningsWhispers Guidance Summaries via Comtex) -- PAYX | Quote | Chart | News | PowerRating -- Paychex (NASDAQ: PAYX | Quote | Chart | News | PowerRating) said it now expects fiscal 2009 revenue of $2.19 billion to $2.23 billion. The company's previous guidance was revenue of $2.21 billion to $2.25 billion and the current consensus estimate is revenue of $2.22 billion for the year ending May 31, 2009.

This earnings guidance summary was provided by EarningsWhispers, a leading provider of earnings expectations - including corporate guidance announcements and analysts' expectations that differ from published estimates. http://www.earningswhispers.com

For full details on Paychex Inc (PAYX) click here. Paychex Inc (PAYX) has Short Term PowerRatings of 4. Details on Paychex Inc (PAYX) Short Term PowerRatings is available at This Link.

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