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Technology | Business Software & Services | USA
ADP Q2 Earnings, Revenues Surpass Estimates, 2019 EPS View Up
Automatic Data Processing, Inc. ADP reported strong second-quarter fiscal 2019 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Both the metrics also improved on a year-over-year basis.
Adjusted earnings per share (EPS) of $1.34 beat the Zacks Consensus Estimate by 16 cents and improved year over year. Total revenues of $3.50 billion outpaced the consensus mark by $69.1 million and also improved year over year.
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Adjusted EBIT came in at $786.5 million, up 26% on a year-over-year basis. Adjusted EBIT margin increased about 320 bps in the quarter to 22.4%.
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https://finance.yahoo.com/news/adp-q2-ea...07778.html
![[Bild: ADPc0dl1628.png]](https://finviz.com/publish/013019/ADPc0dl1628.png)
ADP Q2 Earnings, Revenues Surpass Estimates, 2019 EPS View Up
Automatic Data Processing, Inc. ADP reported strong second-quarter fiscal 2019 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Both the metrics also improved on a year-over-year basis.
Adjusted earnings per share (EPS) of $1.34 beat the Zacks Consensus Estimate by 16 cents and improved year over year. Total revenues of $3.50 billion outpaced the consensus mark by $69.1 million and also improved year over year.
...
Adjusted EBIT came in at $786.5 million, up 26% on a year-over-year basis. Adjusted EBIT margin increased about 320 bps in the quarter to 22.4%.
...
https://finance.yahoo.com/news/adp-q2-ea...07778.html
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