Investing.com - Financial Markets Worldwide

ADP Earnings, Revenue Beat in Q1

Published 26/10/2022, 12:06
Updated 26/10/2022, 12:06
© Reuters. ADP Earnings, Revenue Beat in Q1
ADP
-0.56%

Investing.com - ADP reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

ADP announced earnings per share of $1.86 on revenue of $4.20. Analysts polled by Investing.com EPS of $1.80 on revenue of $4.15B.

ADP 's are down 3.58% and is trading at $237.76 , still down 9.11% from its 52 week high of $261.59 set on Thursday, August 18, 2022.

ADP follows other major Information Technology sector earnings this month

ADP's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.35 on revenue of $50.1B, EPS of $2.32 on revenue of $49.86B.

Visa A had beat expectations on Tuesday with fourth quarter EPS of $1.93 on revenue of $7.8B, for EPS of $1.87 on revenue of $7.57B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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