Markets

Pre-Market Earnings Report for December 22, 2015 : PAYX, CAG

The following companies are expected to report earnings prior to market open on 12/22/2015. Visit our Earnings Calendar for a full list of expected earnings releases.

Paychex, Inc. ( PAYX ) is reporting for the quarter ending November 30, 2015. The outsourcing company's consensus earnings per share forecast from the 19 analysts that follow the stock is $0.51. This value represents a 8.51% increase compared to the same quarter last year. In the past year PAYX has met analyst expectations twice and beat the expectations the other two quarters. The "days to cover" for this stock exceeds 11 days. Zacks Investment Research reports that the 2016 Price to Earnings ratio for PAYX is 25.81 vs. an industry ratio of 23.10, implying that they will have a higher earnings growth than their competitors in the same industry.

ConAgra Foods, Inc. ( CAG ) is reporting for the quarter ending November 30, 2015. The food company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.59. This value represents a 3.28% decrease compared to the same quarter last year. In the past year CAG has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for CAG is 18.20 vs. an industry ratio of 12.70, implying that they will have a higher earnings growth than their competitors in the same industry.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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