ADP (ADP) Tops Q3 EPS by 13c

ADP (NASDAQ: ADP) reported Q3 EPS of $2.21, $0.13 better than the analyst estimate of $2.08. Revenue for the quarter came in at $4.5 billion versus the consensus estimate of $4.46 billion.

Consolidated Fiscal 2022 Outlook:
•Revenue growth of 9% to 10%
•Adjusted EBIT margin expansion of 75 to 100 basis points
•Adjusted effective tax rate of approximately 22.5%
•Diluted EPS growth of 14% to 16%
•Adjusted diluted EPS growth of 15% to 17%

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

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