ADP Sees 2024 Revenue Growth 6-7%, Adj. EPS Growth 10-12%
Portfolio Pulse from Benzinga Newsdesk
ADP projects its revenue growth for 2024 to be between 6-7%, with an adjusted EPS growth of 10-12%.

January 31, 2024 | 11:58 am
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POSITIVE IMPACT
ADP anticipates a revenue increase of 6-7% and an adjusted EPS growth of 10-12% for the year 2024.
ADP's forecast for revenue and adjusted EPS growth is a strong indicator of the company's financial health and future performance. This positive outlook is likely to instill confidence in investors and could lead to a short-term increase in stock price, as it suggests that the company is expecting continued growth and profitability.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100