ADP private-sector payrolls for October came in at +253K, far ahead of the 113K expected.
While the top- and bottom-line numbers for ADP (ADP) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Automatic Data Processing (ADP) came out with quarterly earnings of $2.33 per share, beating the Zacks Consensus Estimate of $2.20 per share. This compares to earnings of $2.08 per share a year ago.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Payroll and HR solutions player ADP is expected to publish its Q1 FY'25 results on October 30, 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 $2.22 per share, marginally ahead of consensus estimates, while revenues are likely to grow about 6% year-over-year to $4.78 billion.
Beyond analysts' top -and-bottom-line estimates for ADP (ADP), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Automatic Data Processing, Inc. ADP is scheduled to release its first-quarter fiscal 2025 results on Oct. 30, before market open.
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%.