Automatic Data Processing Q4 2024 Adj. EPS $2.09 Beats $2.06 Estimate, Sales $4.769B Beat $4.741B Estimate
Portfolio Pulse from Benzinga Newsdesk
Automatic Data Processing (ADP) reported its Q4 2024 results, with adjusted EPS of $2.09 beating the estimate of $2.06, and sales of $4.769 billion surpassing the expected $4.741 billion.
July 31, 2024 | 10:57 am
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Automatic Data Processing (ADP) reported better-than-expected Q4 2024 results, with adjusted EPS of $2.09 beating the estimate of $2.06, and sales of $4.769 billion surpassing the expected $4.741 billion.
ADP's better-than-expected earnings and revenue figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates typically boosts investor confidence and can lead to a stock price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100