Automatic Data Processing (ADP) Reports In-Line Q2 EPS; Lowers FY12 EPS Growth Outlook

Automatic Data Processing (NASDAQ: ADP) reported Q2 EPS of $0.68, in-line with the analyst estimate of $0.68. Revenue for the quarter came in at $2.58 billion versus the consensus estimate of $2.58 billion.

Sees EPS with an increase of 8% to 9% from $2.52 earnings per share in fiscal 2011, compared with its prior forecast range of an 8% to 10% increase.

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

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