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Investing.com - ADP reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ADP announced earnings per share of $1.5 on revenue of $4.13B. Analysts polled by Investing.com EPS of $1.46 on revenue of $4.05B.
ADP 's are down 11.63% and is trading at $217.91 , still down 12.47% from its 52 week high of $248.96 set on Wednesday, December 29, 2021.
ADP follows other major Information Technology sector earnings this month
ADP's report follows an earnings missed by Microsoft on Tuesday, who reported EPS of $2.23 on revenue of $51.87B, EPS of $2.29 on revenue of $52.43B.
Visa A had beat expectations on Tuesday with third quarter EPS of $1.98 on revenue of $7.28B, for EPS of $1.74 on revenue of $7.06B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar