Recap: Automatic Data Processing Q1 Earnings

Shares of Automatic Data Processing ADP were unchanged after the company reported Q1 results.

Quarterly Results

Earnings per share increased 5.22% over the past year to $1.41, which beat the estimate of $0.98.

Revenue of $3,471,000,000 decreased by 0.72% from the same period last year, which beat the estimate of $3,280,000,000.

Outlook

Automatic Data Processing hasn't issued any earnings guidance for the time being.

Automatic Data Processing hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Oct 28, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/x62itfrz

Technicals

52-week high: $182.32

Company's 52-week low was at $103.11

Price action over last quarter: Up 9.89%

Company Overview

ADP competes in the human resources administration services industry. It provides services that satisfy companies' human resources needs, such as payroll processing and benefits administration. ADP was founded in 1949 and has its headquarters in Roseland, New Jersey.