Paychex Inc (FRA:PCX)
€ 139.06 3.26 (2.4%) Market Cap: 49.53 Bil Enterprise Value: 48.95 Bil PE Ratio: 31.25 PB Ratio: 13.70 GF Score: 95/100

Q4 2020 Paychex Inc Earnings Call Transcript

Jul 07, 2020 / 01:30PM GMT
Release Date Price: €67.9 (-0.99%)
Operator

Good morning. My name is Lisa, and I will be your conference operator today. At this time, I would like to welcome everyone to the Paychex Fourth Quarter and Year-end Results Conference call. (Operator Instructions)

I would now like to turn the call over to Mr. Martin Mucci, President and Chief Executive Officer. Please go ahead, sir.

Martin Mucci
Paychex, Inc. - President, CEO & Director

Thank you, and thank you for joining us for our discussion of the Paychex Fourth Quarter and Fiscal Year 2020 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, 2020. You can access our earnings release on our Investor Relations web page, and our Form 10-K will be filed with the SEC before the end of July. This teleconference is being broadcast over the Internet and will be archived and available on our website for approximately 1 month.

I will start today's call with an update on some of the key

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