Form 8-K AUTOMATIC DATA PROCESSIN For: Nov 02

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Go back to Form 8-K AUTOMATIC DATA PROCESSIN For: Nov 02

ADP (ADP) Tops Q2 EPS by 5c; Updates FY17 Outlook

November 2, 2016 7:15 AM EDT

ADP (NASDAQ: ADP) reported Q2 EPS of $0.81, $0.05 better than the analyst estimate of $0.76. Revenue for the quarter came in at $2.9 billion versus the consensus estimate of $2.92 billion.

Fiscal 2017 Outlook

Certain components of ADPs fiscal 2017 outlook and related growth comparisons exclude the impact of the following items and are discussed on an adjusted basis where applicable. Please refer to the accompanying financial tables for a reconciliation of these adjusted amounts to their closest comparable GAAP... More