ADP (ADP) Misses Q4 EPS by 1c, Offers FY 18 Guidance

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Go back to ADP (ADP) Misses Q4 EPS by 1c, Offers FY 18 Guidance

ADP Reports Fourth Quarter and Fiscal 2017 Results; Provides Fiscal 2018 Outlook

July 27, 2017 7:01 AM EDT

Revenues increased 6% to $12.4 billion for the year, 7% organic Diluted earnings per share from continuing operations increased 18% to $3.85 for the year, adjusted diluted earnings per share from continuing operations increased 13% to $3.70Worldwide new business bookings declined 5% for the year, expected to increase 5% to 7% in fiscal 2018For fiscal 2018, forecasting revenue growth of 5% to 6%, adjusted diluted earnings per share growth of 2% to 4%

ROSELAND, N.J., July 27, 2017 (GLOBE NEWSWIRE) -- ADP® (Nasdaq: ADP), a leading global provider of Human Capital Management (HCM) solutions, today announced its fourth quarter and fiscal 2017 financial results, and provided its... More