Automatic Data Processing: Q1 Earnings Insights

Automatic Data Processing: Q1 Earnings Insights

Automatic Data Processing ADP reported its Q1 earnings results on Wednesday, October 26, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Automatic Data Processing beat estimated earnings by 3.33%, reporting an EPS of $1.86 versus an estimate of $1.8.

Revenue was up $383.70 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 2.32% increase in the share price the next day.

Here's a look at Automatic Data Processing's past performance:

 

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.46 2.08 1.63 1.49
EPS Actual 1.50 2.21 1.65 1.65
Revenue Estimate 4.05B 4.46B 3.98B 3.75B
Revenue Actual 4.13B 4.51B 4.03B 3.83B

To track all earnings releases for Automatic Data Processing visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings