01.05.2024 13:11:46 - dpa-AFX: Automatic Data Processing Inc. Q3 Profit Increases, beats estimates

ROSELAND (dpa-AFX) - Automatic Data Processing Inc. (ADP) reported earnings
for its third quarter that increased from the same period last year and beat
the Street estimates.

The company's earnings totaled $1.18 billion, or $2.88 per share. This compares with $1.04 billion, or $2.51 per share, in last year's third quarter.

Excluding items, Automatic Data Processing Inc. reported adjusted earnings of
$1.19 billion or $2.88 per share for the period.

Analysts on average had expected the company to earn $2.78 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 6.5% to $5.25 billion from $4.93
billion last year.

Automatic Data Processing Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $1.18 Bln. vs. $1.04 Bln. last year.
-EPS (Q3): $2.88 vs. $2.51 last year.
-Revenue (Q3): $5.25 Bln vs. $4.93 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Automatic Data Processing 850347 NASDAQ 252,330 17.05.24 22:00:07 +2,270 +0,91% 249,370 252,330 250,060 250,060

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