Automatic Data Processing Q1 Adj. EPS $2.82 Beats $2.77 Estimate, Sales $5.491B Beat $5.475B Estimate
Automatic Data Processing (NASDAQ:ADP) reported quarterly earnings of $2.82 per share which beat the analyst consensus estimate of $2.77 by 1.81 percent. This is a 13.25 percent increase over earnings of $2.49 per share
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Why It Matters
ADP made more money than Wall Street expected this quarter. When a company beats its targets, it shows the business is running well and growing.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.