ADP
$164.16
Automatic Data Procs
$.04
.02%
Earnings Details
Quarter June 2019
Wednesday, July 31, 2019 7:00:00 AM
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Summary

Automatic Data Procs Misses

Automatic Data Procs (ADP) reported Quarter June 2019 earnings of $1.14 per share on revenue of $3.5 billion. The consensus earnings estimate was $1.13 per share on revenue of $3.5 billion. The Earnings Whisper number was $1.17 per share. Revenue grew 5.4% on a year-over-year basis.

The company said it expects fiscal 2020 earnings of $6.10 to $6.21 per share on revenue of $15.03 billion to $15.17 billion. The current consensus earnings estimate is $6.02 per share on revenue of $15.10 billion for the year ending June 30, 2020.

Automatic Data Processing is the provider of technology-based outsourcing solutions to employers and vehicle retailers and manufacturers.

Results
Reported Earnings
$1.14
Earnings Whisper
$1.17
Consensus Estimate
$1.13
Reported Revenue
$3.50 Bil
Revenue Estimate
$3.50 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

ADP Reports Fourth Quarter and Fiscal 2019 Results

ROSELAND, N.J., July 31, 2019 /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, today announced its fourth quarter and fiscal 2019 financial results along with its fiscal 2020 outlook through an earnings release available on the company's website at investors.adp.com/events-and-presentations. This earnings release is also furnished to the Securities and Exchange Commission (SEC) on a Current Report on Form 8-K and available at sec.gov.

As previously announced, ADP will host a conference call for financial analysts today, Wednesday, July 31, 2019 at 8:30 a.m. ET. The conference call will be webcast live on ADP's website at investors.adp.com and will be available for replay following the call. A slide presentation accompanying the webcast is also available at investors.adp.com/events-and-presentations.

Supplemental financial information including schedules of quarterly and full year reportable segment revenues and earnings for fiscal years 2018 and 2019, as well as quarterly details of the fiscal 2019 results from the client funds extended investment strategy, are posted to ADP's website at investors.adp.com. ADP news releases, current financial information, SEC filings and Investor Relations presentations are accessible at the same website.

About ADP (Nasdaq: ADP)
Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential.  HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people.  Learn more at ADP.com.

ADP, the ADP logo, and Always Designing for People are trademarks of ADP, LLC.

Copyright © 2019 ADP, LLC. All rights reserved.

(PRNewsfoto/ADP, LLC)

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SOURCE ADP, LLC