ROCHESTER, N.Y. (AP) _ Paychex Inc. (PAYX) on Thursday reported fiscal second-quarter earnings of $360.3 million.

On a per-share basis, the Rochester, New York-based company said it had profit of 99 cents.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 95 cents per share.

The payroll processor and human-resources services provider posted revenue of $1.19 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $1.18 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAYX at https://www.zacks.com/ap/PAYX

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