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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
  0.80 0.38% 209.63 209.63 215.11 210.315 208.41 208.41 1,533,800 01:00:00

ADP's Revenue Rises 1.3% in 3Q

28/04/2021 12:48pm

Dow Jones News


Automatic Data Processing (NASDAQ:ADP)
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By Allison Prang

 

Automatic Data Processing Inc.'s profit was littled changed from a year ago for the fiscal third quarter while its revenue ticked up a little over 1%.

ADP reported $810.7 million, or $1.90 a share, in earnings for the three months ended March 31. Those compare with $820.9 million, or $1.90 a share the third quarter a year ago. Adjusted earnings were $1.89 a share. According to FactSet, analysts were expecting $1.79 a share.

Revenue rose 1.3% to $4.1 billion. Analysts were expecting $4.08 billion. Revenues slipped slightly for employer services but rose for professional employer organization services.

 

Write to Allison Prang at allison.prang@wsj.com

 

(END) Dow Jones Newswires

April 28, 2021 07:33 ET (11:33 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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