Paychex and Cintas report strong earnings, labor market robust, Paychex acquires Paycor.
From Nasdaq: 2025-04-01 07:45:00
Paychex Inc. (NASDAQ: PAYX) and Cintas Corp. (NASDAQ: CTAS) both reported strong earnings, indicating a robust labor market. Paychex’s recent acquisition of Paycor is expected to boost earnings. Cintas exceeded expectations with 8.4% revenue growth. Analysts are more optimistic about CTAS stock, while PAYX stock faces short seller concerns.
Read more at Nasdaq:: Paychex and Cintas Show Surprising Labor Market Resilience