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Automatic Data Processing (ADP) Beats Q2 Earnings Estimates
Automatic Data Processing (ADP) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.45 per share. This compares to earnings of $1.34 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 4.83%. A quarter ago, it was expected that this payroll and human resources company would post earnings of $1.33 per share when it actually produced earnings of $1.34, delivering a surprise of 0.75%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
ADP, which belongs to the Zacks Outsourcing industry, posted revenues of $3.67 billion for the quarter ended December 2019, missing the Zacks Consensus Estimate by 0.26%. This compares to year-ago revenues of $3.51 billion.
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https://finance.yahoo.com/news/automatic...01946.html
![[Bild: ADPc1dl1513.png]](https://finviz.com/publish/013020/ADPc1dl1513.png)
Automatic Data Processing (ADP) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.45 per share. This compares to earnings of $1.34 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 4.83%. A quarter ago, it was expected that this payroll and human resources company would post earnings of $1.33 per share when it actually produced earnings of $1.34, delivering a surprise of 0.75%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
ADP, which belongs to the Zacks Outsourcing industry, posted revenues of $3.67 billion for the quarter ended December 2019, missing the Zacks Consensus Estimate by 0.26%. This compares to year-ago revenues of $3.51 billion.
...
https://finance.yahoo.com/news/automatic...01946.html
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