ADP (ADP) Tops Q3 EPS by 7c; offers guidance
ADP (NASDAQ: ADP) reported Q3 EPS of $2.52, $0.07 better than the analyst estimate of $2.45. Revenue for the quarter came in at $4.9 billion versus the consensus estimate of $4.88 billion.
Consolidated Fiscal 2023 Outlook
•Revenue growth of 8% to 9%
•Adjusted EBIT margin expansion of 125 to 150 basis points
•Adjusted effective tax rate of about 23%
•Diluted EPS growth of 16% to 17%
•Adjusted diluted EPS growth of 16% to 17%
For earnings history and earnings-related data on ADP (ADP) click here.
