ADP Reports First Quarter Fiscal 2020 Results

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ADP (ADP) Tops Q1 EPS by 1c

October 30, 2019 7:04 AM EDT

ADP (NASDAQ: ADP) reported Q1 EPS of $1.34, $0.01 better than the analyst estimate of $1.33. Revenue for the quarter came in at $3.5 billion versus the consensus estimate of $3.52 billion.

Guidance:

Maintaining fiscal 2020 guidance of 6% to 8% Employer Services New Business Bookings growth, 6% to 7%... More