Acquisition StrategyThe strategic rationale for acquiring Paycor is sound, especially in terms of the cross-sell opportunity across both client bases and what it could unlock for Paychex’s competitive positioning in the middle market.
Cost SynergiesPAYX raised its expectations for PYCR cost synergies to greater than $80M, sees more revenue synergy potential, and now expects FY26 EPS accretion.
Financial PerformanceShares up 4.2% on the back of an in-line F3Q25 and re-affirmed F4Q25 guidance.