ADP (ADP) Tops Q2 EPS by 5c; offers outlook

ADP (NASDAQ: ADP) reported Q2 EPS of $2.35, $0.05 better than the analyst estimate of $2.30. Revenue for the quarter came in at $5.05 billion versus the consensus estimate of $4.97 billion.

OUTLOOK

Consolidated Fiscal 2025 Outlook
• Revenue growth of 6% to 7%
• Adjusted EBIT margin expansion of 30 to 50 basis points
• Adjusted effective tax rate of about 23%
• Diluted EPS growth of 8% to 10%
• Adjusted diluted EPS growth of 7% to 9%

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

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