Paychex (NASDAQ:PAYX) reported quarterly earnings of $1.49 per share which beat the analyst consensus estimate of $1.48 by 0.68 percent. This is a 7.97 percent increase over earnings of $1.38 per share from the same period last year. The company reported quarterly sales of $1.51 billion which met the analyst consensus estimate. This is a 4.86 percent increase over sales of $1.44 billion the same period last year.