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ADP Automatic Data Processing Inc

246.61
0.00 (0.00%)
Pre Market
Last Updated: 09:23:20
Delayed by 15 minutes
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

ADP Expects Fiscal-Year 2022 Revenue to Rise Between 6% and 7%

28/07/2021 12:55pm

Dow Jones News


Automatic Data Processing (NASDAQ:ADP)
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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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