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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Automatic Data Processing Inc | NASDAQ:ADP | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 246.61 | 247.78 | 249.99 | 11 | 09:23:20 |
By Allison Prang
Automatic Data Processing Inc. said Wednesday it is guiding for revenue to rise between 6% and 7% in fiscal-year 2022, compared with revenue of $15.01 billion in the previous fiscal year.
According to FactSet, analysts are expecting ADP to report fiscal-year 2022 revenue of $15.87 billion. ADP expects employer services revenue to rise between 4% and 6% and for PEO services revenue to rise between 9% and 11%.
The company expects adjusted earnings to rise between 9% and 11%. They were $6.02 a share for the 2021 fiscal year. Analysts are expecting $6.54 a share.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
July 28, 2021 07:40 ET (11:40 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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