Automatic Data Procs Misses
Automatic Data Procs (ADP) reported 4th Quarter June 2017 earnings of $0.65 per share on revenue of $3.1 billion. The consensus earnings estimate was $0.67 per share on revenue of $3.0 billion. The Earnings Whisper number was $0.69 per share. Revenue grew 5.7% on a year-over-year basis.
Automatic Data Processing is the provider of technology-based outsourcing solutions to employers and vehicle retailers and manufacturers.