secwatch.observer — SEC 8-K summary
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Issuer:     AUTOMATIC DATA PROCESSING INC (ADP)
CIK:        0000008670
Form:       8-K
Filed at:   2022-01-26T23:59:59+00:00
Accession:  0000008670-22-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADP Q2 FY2022 revenue $4.0B (+9%); EPS $1.65 (+9%); raises full-year guidance
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- Revenue $4.0B, up 9% YoY; 9% organic constant currency; PEO results particularly strong.
- Net earnings $694M (+7%); adjusted net earnings $697M (+7%); adjusted EBIT $930M (+10%).
- Diluted EPS $1.65 (+9%); adjusted diluted EPS also $1.65 (+9%); tax rate 23.7%.
- Adjusted EBIT margin increased 20 bps to 23.1% despite higher implementation and service costs.
- Fiscal 2022 guidance raised for revenue retention, average worksite employees, revenue, and adjusted EPS.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8670/000000867022000003/0000008670-22-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8670/000000867022000003/adp-20220126.htm
  HTML page:      https://secwatch.observer/filing/0000008670-22-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer