Paychex (PAYX) reported fiscal Q4 adjusted earnings Wednesday of $1.32 per diluted share, up from $1.19 a year earlier.

Analysts polled by FactSet expected $1.31.

Revenue for the fiscal quarter ended May 31 was $1.61 billion, up from $1.43 billion a year earlier.

Analysts surveyed by FactSet expected $1.60 billion.

For fiscal 2027, the company expects adjusted EPS growth of 7% to 9% and revenue growth of 5% to 6%.

Shares of the company were down 3.2% in recent premarket trading.