ADP (ADP) Tops Q1 Views; Guides FY10
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Automatic Data Processing, Inc. (NYSE: ADP) reports Q1 EPS of $0.56, 6 cents better than the analyst estimate of $0.50. Revenue for the quarter was $2.1 billion, which compares to the estimate of $2.05 billion.
Sees FY10 EPS of $2.34-$2.39, versus the consensus of $2.35, on sales that are expected to fall 1-2%.
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