ADP (ADP) Tops Q4 EPS by 6c

July 26, 2023 6:58 AM EDT

ADP (NASDAQ: ADP) reported Q4 EPS of $1.89, $0.06 better than the analyst estimate of $1.83. Revenue for the quarter came in at $4.48 billion versus the consensus estimate of $4.39 billion.

Consolidated Fiscal 2024 Outlook:
•Revenue growth of 6% to 7%
•Adjusted EBIT margin expansion of 60 to 80 basis points
•Adjusted effective tax rate of about 23%
•Diluted EPS growth of 10% to 12%
•Adjusted diluted EPS growth of 10% to 12%

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

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