secwatch.observer — SEC 8-K summary
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Issuer:     AUTOMATIC DATA PROCESSING INC (ADP)
CIK:        0000008670
Form:       8-K
Filed at:   2022-10-26T23:59:59+00:00
Accession:  0000008670-22-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADP reports Q1 FY2023 revenue up 10% to $4.2B; raises full-year guidance
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- Revenue $4.2B (+10% YoY); organic constant currency growth 11%.
- Adjusted EPS $1.86 (+13%); adjusted EBIT margin 24.1% (+30 bps).
- Net earnings $779M (+11%); diluted EPS $1.87 (+13%).
- Raised full-year guidance for revenue, adjusted EBIT margin, and adjusted EPS.
- Exceeded 1 million client milestone during the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8670/000000867022000041/0000008670-22-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8670/000000867022000041/adp-20221026.htm
  HTML page:      https://secwatch.observer/filing/0000008670-22-000041

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