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via finance.yahoo.comBusiness & Companies

Automatic Data Processing (ADP) tops Q1 earnings and revenue estimates

FROM THE WIRE · FINANCE.YAHOO.COM

Automatic Data Processing (ADP) came out with quarterly earnings of $2.82 per share, beating the Zacks Consensus Estimate of $2.78 per share. This compares to earnings of $2.49 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishEarnings and revenue above consensus for a payroll services firm is ordinary flow but mildly positive for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01ADP reported earnings of $2.82 per share versus the $2.78 expected.
  2. 02Revenue was $5.49 billion, 0.44% above the Zacks consensus.
  3. 03Earnings per share rose from $2.49 a year earlier.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Automatic Data Processing, Inc.ADPStock289.64 USD-1.18%today -1.18%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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