Automatic Data Processing, Inc. (NASDAQ:ADP) Q3 2023 Earnings Conference Call April 26, 2023 8:30 AM ET Company Participants Danny Hussain - Vice President, Investor Relations Maria Black - President and Chief Executive Officer Don McGuire - Chief Financial Officer Conference Call Participants Bryan Bergin - Cowen Bryan Keane - Deutsche Bank Eugene Simuni - MoffettNathanson Kevin McVeigh - Credit Suisse James Faucette - Morgan Stanley Kartik Mehta - Northcoast Research Ramsey El-Assal - Barclays Samad Saman ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________ FORM 10-Q ______________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to Commission File Number 1-5397 __________________________ AUTOMATIC DATA PROCESSING, INC. (Exact name of registrant as specified in it ...

Automatic Data Processing, Inc. (NASDAQ:ADP) Q2 2023 Earnings Conference Call January 25, 2023 8:30 AM ET Company Participants Danyal Hussain - Vice President, Investor Relations Maria Black - President and Chief Executive Officer Don McGuire - Chief Financial Officer Conference Call Participants Ramsey El-Assal - Barclays Bank Eugene Simuni - MoffettNathanson James Faucette - Morgan Stanley Tien-Tsin Huang - JPMorgan Kartik Mehta - Northcoast Research Partners Jason Kupferberg - Bank of America Merrill Lyn ...

Copyright © 2023 ADP, Inc. ADP Earnings Call & Webcast Q2 Fiscal 2023 January 25, 2023 Forward Looking Statements This document and other written or oral statements made from time to time by ADP may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not historical in nature and which may be identified by the use of words like "outlook," "expects," "assumes," "projects," "anticipates," "estimates," "we believe," "could," "is de ...

Summary of Automatic Data Processing, Inc. (ADP) Conference Call Company Overview - **Company**: Automatic Data Processing, Inc. (NASDAQ: ADP) - **Date**: November 17, 2022 - **Participants**: Danyal Hussain (VP of Investor Relations), Tien-Tsin Huang (JPMorgan Analyst) Economic Outlook - ADP tracks major economic indicators such as PMI and consumer spending, with a focus on employment data [3][4] - The labor market remains strong, with over 200,000 new jobs added monthly, indicating optimism among clients [4][5] - Demand for labor is still high, although there are concerns about how long this demand will last [5] Small Business Dynamics - Small businesses show cyclicality, with formations and bankruptcies impacting ADP's business [6] - The normalization of bankruptcy levels post-pandemic is observed, but they remain below recessionary levels [7] Client Base and Market Position - ADP's Employer Services business mirrors the overall market, with a significant portion of revenue (over 35%) coming from the PEO (Professional Employer Organization) segment [9][10] - The PEO segment is less exposed to bankruptcies, as it serves companies with 10 to a few hundred employees, which tend to perform better in downturns [10] Recession Preparedness - ADP has adapted its offerings to cater to both tight labor markets and potential recessionary environments [12][13] - The company has a favorable interest rate backdrop compared to previous recessions, which may provide a tailwind [18] - ADP's approach during downturns is pragmatic, avoiding drastic layoffs and instead monitoring market conditions [19] Pricing Strategy - ADP expects a contribution of 100 to 150 basis points to revenue from price increases, higher than typical due to inflationary pressures [28] - The pricing environment is rational, with long-term contracts being more important than short-term price competition [25][26] Operational Efficiency - Labor costs are the largest expense for ADP, and the company has maintained staffing levels to meet current demand [31] - ADP's flexible staffing approach allows it to adjust based on market conditions without committing to long-term headcount changes [32] Leadership Transition - Maria, the new CEO, aims to enhance client-centric strategies, focusing on understanding and meeting client needs [34][36] Product Development and Data Utilization - ADP is expanding its Wisely product, which offers early wage access and has over 1.5 million cardholders [39] - There is a focus on enhancing employee experience and utilizing data for better service delivery [42][46] Long-term Growth Potential - ADP serves 40 million employees and sees significant growth opportunities in a large addressable market [49][50] - The company is committed to long-term investments and sustainable growth strategies, with no shortage of opportunities for expansion [50]

Automatic Data Processing, Inc. (NASDAQ:ADP) Q1 2023 Earnings Conference Call October 26, 2022 8:30 AM ET Company Participants Danyal Hussain - Vice President, Investor Relations Carlos Rodriguez - Chief Executive Officer Maria Black - President Don McGuire - Chief Financial Officer Conference Call Participants Peter Christiansen - Citigroup Inc. Tien-Tsin Huang - JPMorgan Kevin McVeigh - Credit Suisse Kartik Mehta - Northcoast Research Jason Kupferberg - Bank of America Bryan Bergin - Cowen and Company S ...

Automatic Data Processing Inc. (NASDAQ:ADP) Q4 2022 Earnings Conference Call July 27, 2022 9:00 AM ET Company Participants Carlos Rodriguez - Chief Executive Officer Maria Black - President Don McGuire - Chief Financial Officer Danyal Hussain - Vice President, Investor Relations Conference Call Participants Bryan Bergin - Cowen Kevin McVeigh - Credit Suisse Bryan Keane - Deutsche Bank Tien-tsing Huang - JP Morgan Dan Dolev - Mizuho Mark Marcon - Baird Ramsey El-Assal - Barclays David Togut - Evercore ISI S ...