earnings
confidence high
sentiment positive
materiality 0.75
ADP Q1 FY2022: revenue $3.8B (+10%), EPS $1.65 (+18%); raises full-year outlook
AUTOMATIC DATA PROCESSING INC
2022-Q1 EPS reported
$1.65
revenue$3,832,300,000
- Revenue $3.8B (+10% YoY); organic constant currency growth also 10%.
- Net earnings $701M (+16%); adjusted EBIT $915M (+17%), margin 23.9% (+140 bps).
- Adjusted diluted EPS $1.65 (+17%); GAAP diluted EPS $1.65 (+18%).
- Raised FY2022 guidance for bookings, retention, revenue, adjusted EBIT margin, and adjusted EPS.