financetom
Business
financetom
/
Business
/
Adjusted Earnings, Revenue Up; Issues Fiscal 2025 Guidance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Adjusted Earnings, Revenue Up; Issues Fiscal 2025 Guidance
Jul 31, 2024 5:07 AM

07:42 AM EDT, 07/31/2024 (MT Newswires) -- Automatic Data Processing ( ADP ) reported Wednesday fiscal Q4 adjusted earnings of $2.09 per diluted share, up from $1.89 a year earlier.

Analysts polled by Capital IQ expected $2.06.

Revenue for the quarter ended June 30 was $4.77 billion, up from $4.48 billion a year earlier.

Analysts polled by Capital IQ expected $4.74 billion.

The company said it now expects fiscal 2025 adjusted EPS to grow 8% to 10%, while revenue growth is guided at 5% to 6%. Analysts surveyed by Capital IQ are expecting adjusted EPS of $9.15 on revenue of $19.18 billion.

Price: 259.18, Change: +1.44, Percent Change: +0.56

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved