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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% | 247.33 | 247.43 | 251.57 | 220 | 13:39:01 |
By Allison Prang
Automatic Data Processing Inc.'s profit was about flat from a year earlier in the second quarter as revenue fell less than 1%.
ADP's earnings were $647.5 million, or $1.51 a share. They were about flat from earnings of $651.6 million, or $1.50 a share, a year ago.
Adjusted earnings, the company said, were $1.52 a share. Analysts, according to FactSet, were expecting $1.29 a share.
Revenue slipped by less than 1%, to $3.7 billion. Analysts were expecting $3.57 billion. Revenue from PEO Services rose from a year ago but revenue from Employer Services--which brings in more revenue for the company--fell slightly.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
January 27, 2021 07:27 ET (12:27 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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