Paychex Stock Leads S&P 500 Decliners as Firm Posts Lower-Than-Expected Sales
1. Paychex missed sales estimates, reporting lower-than-expected revenue. 2. Revenue growth was heavily reliant on the acquisition of Paycor. 3. GAAP EPS was significantly below analyst expectations at $0.82. 4. Shares dropped 9%, making PAYX the worst-performing S&P 500 stock. 5. FY 2026 guidance suggests positive adjusted EPS and revenue growth.