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ADP (ADP) Tops Q1 Views; Guides FY10

November 4, 2009 7:36 AM EST
ADP Hot Sheet
EPS Growth %: +8.2%

Financial Fact:
TOTAL EXPENSES: 2.25B

Today's EPS Names:
SAPX, ECTY, TRNS, More
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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