secwatch.observer — SEC 8-K summary
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Issuer:     AUTOMATIC DATA PROCESSING INC (ADP)
CIK:        0000008670
Form:       8-K
Filed at:   2023-01-25T23:59:59+00:00
Accession:  0000008670-23-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADP reports Q2 FY2023 revenue $4.4B (+9%); adjusted EPS $1.96 (+19%), guidance reaffirmed
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- Revenue increased 9% to $4.4B; organic constant currency growth 10%.
- Net earnings up 17% to $813M; adjusted net earnings up 17% to $815M.
- Adjusted EBIT margin expanded 120 bps to 24.3%; adjusted EBIT up 15% to $1.1B.
- Diluted EPS $1.95 (+18%); adjusted diluted EPS $1.96 (+19%).
- Full-year FY2023 guidance maintained: revenue growth 8%-9%, adjusted EPS growth 15%-17%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8670/000000867023000002/0000008670-23-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8670/000000867023000002/adp-20230125.htm
  HTML page:      https://secwatch.observer/filing/0000008670-23-000002

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