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Top News In Automatic Data Processing Today - Breaking & Trending Today

Automatic Data Processing (NASDAQ:ADP) Updates FY24 Earnings Guidance

Automatic Data Processing (NASDAQ:ADP) Updates FY24 Earnings Guidance
theenterpriseleader.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theenterpriseleader.com Daily Mail and Mail on Sunday newspapers.

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ADP Beats Estimates as Strong Job Market Aids Demand for Payroll Services

ADP Beats Estimates as Strong Job Market Aids Demand for Payroll Services
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Why Is Software Megacap ADP's Stock Trading Higher Today?

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% ....

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