earnings
confidence high
sentiment positive
materiality 0.65
ADP Q2 FY2024 revenue $4.7B, EPS $2.13; both up 6% and 9% YoY
AUTOMATIC DATA PROCESSING INC
2024-Q2 EPS reported
$4.20
revenue$9,180,300,000
- Revenue $4.7B (+6% YoY); organic constant currency also +6%.
- Net earnings $878M (+8%); adjusted net earnings $881M (+8%).
- Diluted EPS $2.13 (+9%); adjusted diluted EPS also $2.13 (+9%).
- Adjusted EBIT $1.1B, margin 24.6% (up 20 bps); record bookings noted.
- Updated FY2024 outlook in press release; specific guidance not included in excerpt.