Paychex (NASDAQ:PAYX) reported quarterly earnings of $1.32 per share which beat the analyst consensus estimate of $1.30 by 1.54 percent. This is a 10.92 percent increase over earnings of $1.19 per share from the same period last year. The company reported quarterly sales of $1.606 billion which beat the analyst consensus estimate of $1.601 billion by 0.34 percent. This is a 12.52 percent increase over sales of $1.427 billion the same period last year.