ADP Trades Higher On Q4 Earnings


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Automatic Data Processing (NASDAQ:ADP) reported fourth-quarter earnings of $1.14 per share, which beat the analyst consensus estimate of $1.13 by 0.88%. This is a 23.91% increase over earnings of 92 cents per share from the same period last year.

The company reported quarterly sales of $3.499 billion, which missed the analyst consensus estimate of $3.5 billion by 0.03%. This is a 5.42% increase over sales of $3.319 billion the same period last year.

ADP shares were trading up 4.2% at $172 in Wednesday’s pre-market session. The stock has a 52-week high of $170.45 and a 52-week low of $121.40.

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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: EarningsNews