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.

You May Also Be Interested In

• 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
• McGraw Hill (MH) Tops Q1 EPS by 15c, Beats on Revenue; Offers FY26 Revenue Guidance
• Driven Brands (DRVN) Tops Q4 EPS by 2c, Misses on Revenue; Offers FY26 Guidance