Acquisitions Aid Automatic Data Processing Amid Rising Expenses

Automatic Data Processing, Inc. (ADP) has had an impressive run over the year-to-date period. The stock has gained 19.3% compared with the 14.4% rally of the industry it belongs to and the 19% rise of the Zacks S&P 500 composite in the said period.YTD Price Perfomance Image Source: Zacks Investment Research ADP has reported an impressive fourth-quarter fiscal 2024. 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 surpa ...