Shares of Paychex (PAYX) sailed to an all-time high Tuesday when the human resources services provider posted better-than-anticipated results while reporting that it expanded 🐻its client base. 

The company posted fiscal 2025 first-quarter 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $1.18, with revenue rising 2.5% year-over-year to $1.32 billion. Both wereꦇ above consensus estimates꧑ of analysts polled by Visible Alpha.

Sales at its 澳洲幸运5开奖号码历史查ꦚ询:Professional Employer Organization (PEO) and Insurance Solutions unit advanced 7.꧟2% to $319.3 million, boosted by a gain in the number of average PEO worksite employees and higher insurance revenue. Managemen🏅t Solutions segment sales were up 0.6% to $961.7 million as the total clients served and product penetration increased, according to Paychex. 

Shares surged 5% to $140.87 in recent trading after earlier hitting a record $141.59, making Paychex the top gainer among 澳洲幸运5开奖号码历史查询:S&P 500 stocks for the day.

'Strong Expense Discipline' Cited for Quarter's Gains

澳洲幸运5开奖号码历史查询:Chief Executive Officer (CEO) John Gibson said the solid performance in the latest quarter came even with the negative impact of the expiration of the 澳洲幸运5开奖号码历史查询:🐷Employee Retention Tax Credit (ERTC) program and one fewer payroll processing day. He added that "despite the𓄧se headwinds," the company𓆉 delivered solid EPS growth "through strong expense discipline."

Gibson also announced several new products that offer "digital and 澳洲幸运5开奖号码历史查询:artificial intelligence (AI)-driven solutions" aimed at helping clients attract, retain, and engage 🎃their workforce.

Paychex shares are up 🔯more than 18% year-to-date.