ADP Reports Second Quarter Fiscal 2018 Results
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ADP (ADP) PT Raised to $128 at Baird Following Solid 2Q
February 1, 2018 9:10 AM ESTBaird raised its price target on ADP (NASDAQ: ADP) to $128.00 (from $111.00) while maintaining a Neutral rating following the company's 2Q earnings report. Revenue was reported at $3,235mn, ahead of the consensus estimates of $3,185mn. Adjusted EPS of $0.99 compared to the consensus estimates of... More
ADP (ADP) Tops Q2 EPS by 9c, Offers FY Outlook
January 31, 2018 7:02 AM ESTADP (NASDAQ: ADP) reported Q2 EPS of $0.99, $0.09 better than the analyst estimate of $0.90. Revenue for the quarter came in at $3.2 billion versus the consensus estimate of $3.18 billion.
ADP now anticipates full-year fiscal 2018 revenue growth of 7% to 8% compared to the prior forecast of 6% to 8%. This revenue forecast continues to... More
