Investing.com - ADP reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ADP announced earnings per share of $1.52 on revenue of $3.70B. Analysts polled by Investing.com EPS of $1.29 on revenue of $3.57B.
ADP 's are down 6.62% and is trading at $164.53 , still down 9.76% from its 52 week high of $182.32 set on Tuesday, February 18, 2020.
ADP follows other major Services sector earnings this month
ADP's report follows an earnings missed by Netflix on Tuesday, January 19, 2021, who reported EPS of $1.19 on revenue of $6.64B, EPS of $1.36 on revenue of $6.62B.
Verizon had beat expectations on Tuesday with fourth quarter EPS of $1.21 on revenue of $34.69B, for EPS of $1.17 on revenue of $34.49B.
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