secwatch.observer — SEC 8-K summary
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Issuer:     AUTOMATIC DATA PROCESSING INC (ADP)
CIK:        0000008670
Form:       8-K
Filed at:   2022-07-27T23:59:59+00:00
Accession:  0000008670-22-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.72
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADP reports FY2022 revenue up 10% to $16.5B, EPS $7.00; guides FY2023 EPS growth 13-16%
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- FY2022 revenue $16.5B (+10%), net earnings $2.9B (+13%), diluted EPS $7.00 (+15%).
- Q4 revenue $4.1B (+10%), diluted EPS $1.50 (+19%), adjusted EPS $1.50 (+25%).
- Employer Services new business bookings up 15% to $1.7B for FY2022.
- FY2023 guidance: revenue growth 7-9%, adjusted EBIT margin expansion 100-125 bps, adjusted EPS growth 13-16%.
- Adjusted EBIT margin improved 90 bps to 23.5% for FY2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8670/000000867022000026/0000008670-22-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8670/000000867022000026/adp-20220727.htm
  HTML page:      https://secwatch.observer/filing/0000008670-22-000026

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