Susquehanna Downgrades ADP (ADP) to Neutral
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Automatic Data Processing (ADP) Misses Q4 EPS by 2c; Guides FY14 EPS Growth
August 1, 2013 7:35 AM EDTAutomatic Data Processing (NASDAQ: ADP) reported Q4 EPS of $0.55, $0.02 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $2.81 billion versus the consensus estimate of $2.81 billion.
For FY14, ADP sees 8% to 10% EPS growth compared to the adjusted $2.89 in fiscal... More
