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Automatic Data Processing (NASDAQ:ADP – Get Free Report) issued an update on its FY 2024 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 9.050-9.220 for the period, compared to the consensus estimate of 9.130. The company issued revenue guidance of $19.1 billion-$19.3 billion, compared to the consensus revenue estimate […]
InvestorPlace - Stock Market News, Stock Advice & Trading Tips ADP stock results show that Automatic Data Processing beat analyst estimates for earnings per…
Automatic Data Processing (NASDAQ:ADP – Get Free Report) issued an update on its FY 2024 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 9.050-9.220 for the period, compared to the consensus estimate of 9.130. The company issued revenue guidance of $19.1 billion-$19.3 billion, compared to the consensus revenue estimate […]
Automatic Data Processing, Inc (NASDAQ:ADP) reported fiscal third-quarter 2024 revenues of $5.25 billion, beating the analyst consensus of $5.23 billion. Revenues increased 7% Y/Y. The company reported quarterly adjusted EPS of $2.88, beating the analyst consensus of $2.79. The stock price gained after the print. Adjusted EBIT increased 12% to $1.5 billion, and adjusted EBIT margin increased 140 bps to 29.3%. Net earnings increased 14% Y/Y to $1.2 billion, and adjusted net earnings increased 13%
Van ECK Associates Corp increased its holdings in Automatic Data Processing, Inc. (NASDAQ:ADP – Free Report) by 4.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 103,761 shares of the business services provider’s stock after acquiring an additional 4,872 shares during the quarter. […]