ADP (ADP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Here, we have picked four business service stocks that are likely to beat earnings estimates, namely, Fiserv (FI), Booz Allen Hamilton (BAH), S&P Global (SPGI), and Automatic Data Processing (ADP).
ADP (ADP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Automatic Data Processing Inc (ADP, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial performance and promising growth prospects. With a current share price of $284.73, ADP has experienced a slight daily decrease of 0.15%, yet it boasts a significant three-month gain of 21.36%.
Nonfarm Payrolls Unexpectedly Jump in September.
Better-than-expected jobs numbers, lower unemployment and a temporary end to the dockworkers' strike are sending pre-market futures higher this morning.
Automatic Data Processing Inc (ADP, Financial) has recently captured the attention of investors and financial analysts with its strong financial performance. With a current share price of $283.24, despite a minor daily loss of 0.49%, ADP has shown a significant three-month gain of 20.38%.
Stronger-than-expected U.S. payroll data pushes the Dollar Index higher, pressuring gold and weakening the euro. What does this mean for traders?
U.S. stocks experienced modest gains with the Dow Jones Industrial Average rising by 68.04 points (0.16%) to 42225.01 points. The Nasdaq Composite increased by 51.52 points (0.29%) to 17961.88 points, and the S&P 500 index climbed by 7.36 points (0.13%) to 5716.11 points.
Pre-market futures are mixed this morning, after kicking off Q4 yesterday with a port strike affecting 35% of U.S. imports and an attack on Israel from Iran, escalating Middle Eastern tensions which have grown in the wake of October 7th of last year. The Dow is -65 points and the S&P 500 is -5, but the Nasdaq is +20 atb this hour.
ADP released private-sector payrolls this morning, and results were better than anticipated.