Compared to Estimates, ADP (ADP) Q3 Earnings: A Look at Key Metrics
ADPADP(ADP) Zacks Investment Research·2024-05-01 22:35

Automatic Data Processing (ADP) reported 5.25billioninrevenueforthequarterendedMarch2024,representingayear−over−yearincreaseof6.65.25 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 6.6%. EPS of 2.88 for the same period compares to 2.52ayearago.Thereportedrevenuerepresentsasurpriseof+0.582.52 a year ago. The reported revenue represents a surprise of +0.58% over the Zacks Consensus Estimate of 5.22 billion. With the consensus EPS estimate being $2.76, the EPS surprise was +4.35%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations ...