earnings
confidence high
sentiment positive
materiality 0.80
ADP Q3 FY2022 revenues $4.5B (+10% YoY), EPS $2.21 (+16%); raises FY2022 guidance
AUTOMATIC DATA PROCESSING INC
2022-Q3 EPS reported
$5.51
revenue$12,370,600,000
- Revenue $4.5B (+10% YoY; +11% organic constant currency); net earnings $929M (+15%).
- Adjusted diluted EPS $2.21 (+17% YoY); adjusted EBIT margin 26.8% (+50 bps).
- Fiscal 2022 guidance raised for revenue, adjusted EBIT margin, adjusted EPS, and key metrics.
- CEO cites improving demand environment and continued execution on strategic plan.
- CFO highlights momentum in bookings, pays per control, PEO worksite employee growth, and retention.