ADP (ADP) Misses Q4 EPS by 5c

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Go back to ADP (ADP) Misses Q4 EPS by 5c

ADP Reports Fourth Quarter and Fiscal 2015 Results; Provides Fiscal 2016 Forecast

July 30, 2015 7:00 AM EDT

Worldwide new business bookings grew 18% for the quarter, 13% for the year Total revenues from continuing operations increased 5% to $2.7 billion for the quarter and 7% to $10.9 billion for the year, impacted by currency translation by three and two percentage points, respectively Diluted earnings per share from continuing operations increased 15% to $0.55 per share for the quarter and 12% to $2.89 for the year Forecasting revenue growth of 7% to 9% and diluted earnings per share growth of 12% to 14% for fiscal 2016

ROSELAND, N.J., July 30, 2015 (GLOBE NEWSWIRE) -- ADP® (Nasdaq: ADP), a leading global provider of Human... More