Automatic Data Processing (ADP) Q4 Earnings Beat Estimates

Automatic Data Processing, Inc. (ADP) has reported impressive fourth-quarter fiscal 2024 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate.ADP’s earnings per share of $2.1 beat the consensus estimate by 1% and increased 10.6% from the year-ago quarter. Total revenues of $4.8 billion surpassed the consensus estimate by a slight margin and grew 6.5% from the year-ago quarter.The ADP stock has gained 10.6% over the year-to-date period, outperforming the 9.2% rally of the indust ...