Paychex Inc (MEX:PAYX)

MXN 2744 0 (0%) Market Cap: 1.04 Til Enterprise Value: 1.03 Til PE Ratio: 29.40 PB Ratio: 12.81 GF Score: 98/100

Q4 2019 Paychex Inc Earnings Call Transcript

Jun 26, 2019 / 01:30PM GMT

Transcript 8-K

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Paychex Fourth Quarter and Fiscal Year 2019 Earnings Conference Call. (Operator Instructions) It is now my pleasure to turn the floor over to Martin Mucci, President and Chief Executive Officer, to begin.

Martin Mucci

Paychex, Inc. - President, CEO & Director

Great. Thank you, and thank you for joining us for a discussion of the Paychex Fourth Quarter Fiscal 2019 Earnings Release.

Joining me today is Efrain Rivera, our Chief Financial Officer. This morning, before the market opened, we released our financial results for the fourth quarter and fiscal year ended May 31, 2019. You can access our earnings release on the Investor Relations webpage. Our Form 10-K will be filed with the SEC before the end of July, and this teleconference is being broadcast over the Internet and will be archived and available on our website for approximately 1 month.

On today's call, I will review business highlights for the fourth quarter. Efrain will review our financial results for both the

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