Page 6 - Adjusted Basis News Today

Operating profit, net sales, and earnings per share among key highlights

Consolidated Revenues Down 12.8% Year-Over-Year

Company shows resilience amidst shifting market conditions, with significant progress on growth initiatives

AB Reports GAAP Diluted Net Income of $0.50 per Unit and Adjusted Diluted Net Income of $0.65 per Unit

ADP's Q1 Fiscal 2024 Earnings Highlight Strong Financial Performance and Strategic Progress

Revenue of $1.3 billion, Operating Income of $820 million, and Net Income of $750 million

Company's Q3 GAAP revenue and EPS both grew by 2% year-over-year, with an improved full-year 2023 outlook

Operating income and cash flow see significant increases, while sales experience a slight dip

U.S. home prices rose on a monthly basis in June while annual prices were unchanged, adding to a growing body of evidence that housing costs have already begun to recover. The S&P CoreLogic Case-Shiller national home price index, which covers all nine U.S. census divisions, increased month over month by 0.7% in June on a seasonally adjusted basis after rising by 0.8% in May. Another index tracking the 20 largest metro areas rose 0.9% on a monthly basis, topping estimates in a Reuters poll ...

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