Automatic Data Processing (NASDAQ:ADP) reported its Q1 earnings results on Wednesday, October 27, 2021 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Automatic Data Processing beat their estimated earnings by 10.74%, reporting an EPS of $1.65 versus an estimate of $1.49, which surprised analysts.
Revenue was up $361,300,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06, which was followed by a 0.94% increase in the share price the next day.
Here’s a look at Automatic Data Processing’s past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.14 | 1.82 | 1.29 | 0.98 |
| EPS Actual | 1.20 | 1.89 | 1.52 | 1.41 |
| Revenue Estimate | 3.68B | 4.08B | 3.57B | 3.28B |
| Revenue Actual | 3.74B | 4.10B | 3.70B | 3.47B |
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