Recap: Automatic Data Processing Q2 Earnings

Shares of Automatic Data Processing ADP rose 0.2% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were unchanged 0.00% year over year to $1.52, which beat the estimate of $1.29.

Revenue of $3,696,000,000 up by 0.71% year over year, which beat the estimate of $3,570,000,000.

Looking Ahead

The upcoming fiscal year's EPS expected to be between $5.80 and $6.04.

The upcoming fiscal year's revenue expected to be between $14,736,000,000 and $15,028,000,000.

Details Of The Call

Date: Jan 27, 2021

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/gg3k2jne

Price Action

52-week high: $182.32

Company's 52-week low was at $103.11

Price action over last quarter: Up 4.20%

Company Overview

ADP competes in the human resources administration services industry. It provides services that satisfy companies' human resources needs, such as payroll processing and benefits administration. ADP was founded in 1949 and has its headquarters in Roseland, New Jersey.