ADP (ADP) Tops Q2 EPS by 2c

ADP (NASDAQ: ADP) reported Q2 EPS of $1.65, $0.02 better than the analyst estimate of $1.63. Revenue for the quarter came in at $4 billion versus the consensus estimate of $3.98 billion.

Consolidated Fiscal 2022 Outlook:

• • Revenue growth of 8% to 9%
• • Adjusted EBIT margin expansion of 50 to 75 basis points
• • Adjusted effective tax rate of approximately 22.5%
• • Diluted EPS growth of 11% to 13%
• • Adjusted diluted EPS growth of 12% to 14%

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

You May Also Be Interested In

• ADP (ADP) PT Raised to $305 at Stifel
• nVent Electric (NVT) Tops Q3 EPS by 13c ; Offers Guidance
• Oxford Square Capital Corp. (OXSQ) Misses Q3 EPS by 1c