ADP (ADP) Tops Q3 EPS by 8c

ADP (NASDAQ: ADP) reported Q3 EPS of $1.31, $0.08 better than the analyst estimate of $1.23. Revenue for the quarter came in at $3.4 billion versus the consensus estimate of $3.42 billion.

• Revenues increased 5% to $3.4 billion for the quarter, 6% organic
• Diluted earnings per share from continuing operations increased 12% to $1.31
• ADP acquired 1.9 million shares of its stock for treasury at a cost of $191 million in the quarter

For earnings history and earnings-related data on ADP (ADP) click here.

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