Automatic Data Processing is a Dividend Aristocrat emphatically on its way to Dividend King status. The human capital management giant's revenue and adjusted diluted EPS climbed higher in its fiscal Q4. ADP has virtually no debt on its balance sheet and boasts a very capital-light business model.
Automatic Data Processing's (ADP) top line benefits from a strong segmental performance in fourth-quarter fiscal 2024.
Automatic Data Processing, Inc. (NASDAQ:ADP ) Q4 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Matthew Keating - VP, IR Maria Black - President and CEO Don McGuire - CFO Conference Call Participants Bryan Bergin - TD Cowen Dan Dolev - Mizuho James Faucette - Morgan Stanley Ramsey El-Assal - Barclays Samad Samana - Jefferies Mark Marcon - Baird Tien-Tsin Huang - JPMorgan Bryan Keane - Deutsche Bank Scott Wurtzel - Wolfe Research Caroline Latta - Bank of America David Paige - RBC Capital Markets Kartik Mehta - Northcoast Research Operator Good morning. My name is Michelle and I'll be your conference operator.
The headline numbers for ADP (ADP) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
American companies added 122,000 jobs this month, while wage growth continued to slow. That's according to the latest monthly employment report from ADP, released Wednesday (July 31), showing the number of new private sector jobs is down from 155,000 in June.
Automatic Data Processing (ADP) came out with quarterly earnings of $2.09 per share, beating the Zacks Consensus Estimate of $2.07 per share. This compares to earnings of $1.89 per share a year ago.
As of July 31, 2024, three stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Dividend stocks are a must-own component for any investor looking to establish serious wealth. We all know the statistic that the S&P 500 has returned 10.5% annually on average since its creation in 1957.
Automatic Data's (ADP) fourth-quarter fiscal 2024 top line is expected to have benefited from growth in bookings.
Evaluate the expected performance of ADP (ADP) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
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.
Payroll and HR solutions player ADP is expected to publish its Q4 FY'24 results on July 31, reporting on a period that saw the U.S. job market remain relatively strong. We expect earnings for the quarter to come in at about $2.07 per share, marginally ahead of consensus estimates, while revenues are likely to grow about 6% year-over-year to $4.75 billion.