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Business Outlook
Our business outlook for the fiscal year ending May 31, 2025 ("fiscal 2025") incorporates current assumptions and market conditions. Changes in the macroeconomic environment could alter our guidance. With consideration of these impacts, we have updated our business outlook as follows:
Total revenue is anticipated to grow in the range of 4.0% to 5.5%.
Adjusted diluted earnings per share(1) is anticipated to grow in the range of 5% to 7%.
Management Solutions revenue is anticipated to grow in the range of 3.0% to 4.0%.
PEO and Insurance Solutions revenue is anticipated to grow in the range of 7.0% to 9.0%.
Interest on funds held for clients is expected to be in the range of $150 million to $160 million.
Operating margin is anticipated to be in the range of 42% to 43%.
Other income, net is anticipated to be in the range of $35 million to $40 million.
The effective income tax rate for fiscal 2025 is anticipated to be in the range of 24% to 25%.
Posted In: PAYX