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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.53 | 0.22% | 246.84 | 243.23 | 247.18 | 248.09 | 245.93 | 246.76 | 1,661,849 | 01:00:00 |
By Allison Prang
Automatic Data Processing Inc.'s profit increased in the third quarter, while its top line was in line with analysts' consensus and its adjusted earnings beat.
ADP's profit rose to $820.9 million, compared with $753.7 million a year prior. Its earnings were $1.90 a share, an increase from $1.73 a share a year prior.
Adjusted earnings were $1.92 a share. According to FactSet, analysts were expecting $1.91 a share.
Revenue was $4.05 billion, in line with Wall Street's consensus. It rose 5.7% from a year ago.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
April 29, 2020 07:30 ET (11:30 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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