ADP (ADP) Tops Q1 EPS by 6c; Maintains Outlook

ADP (NASDAQ: ADP) reported Q1 EPS of $2.08, $0.06 better than the analyst estimate of $2.02. Revenue for the quarter came in at $4.5 billion versus the consensus estimate of $4.51 billion.

GUIDANCE:

Maintaining fiscal 2024 consolidated outlook for revenue growth of 6% to 7%, adjusted EBIT margin expansion of 60 to 80 basis points, and adjusted diluted EPS growth of 10% to 12%

For earnings history and earnings-related data on ADP (ADP) click here.

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