ADP Exceeds Earnings Forecasts in Q3
Automatic Data Processing (NASDAQ:ADP), a global leader in human capital management (HCM) services, reported fiscal 2025 third-quarter earnings on Wednesday, April 30, that topped analysts' consensus expectations. Adjusted EPS of $3.06 beat the projected $2.97, while Q3 revenue reached $5.55 billion compared to the $5.49 billion estimate. ADP's performance this quarter marked solid financial efficacy, despite facing market competition and economic challenges.
Source: ADP. Note: Analysts' consensus estimates for the quarter provided by FactSet. YOY = Year over year. EBIT = Earnings before interest and taxes.
Automatic Data Processing is a veteran provider of HCM solutions, using cloud technology for efficient HR management. With operations spanning more than 140 countries, ADP assists over 1.1 million clients, providing comprehensive payroll and compliance services designed to cater to multinational corporations and small businesses alike.
Source Fool.com
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