Paychex (NASDAQ:PAYX) reported quarterly earnings of $1.71 per share which beat the analyst consensus estimate of $1.67 by 2.27 percent. This is a 14.77 percent increase over earnings of $1.49 per share from the same period last year. The company reported quarterly sales of $1.808 billion which beat the analyst consensus estimate of $1.790 billion by 0.98 percent. This is a 19.81 percent increase over sales of $1.509 billion the same period last year.