ADP Reports First-Quarter Fiscal 2019 Results

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ADP (ADP) Tops Q1 EPS by 9c

October 31, 2018 7:00 AM EDT

ADP (NASDAQ: ADP) reported Q1 EPS of $1.20, $0.09 better than the analyst estimate of $1.11. Revenue for the quarter came in at $3.3 billion versus the consensus estimate of $3.29 billion.

Raising fiscal 2019 adjusted diluted EPS growth forecast to 15% to 17%, compared to prior forecast of 13% to... More