ADP's 4Q Net Earnings and Revenue Rise
28 July 2021 - 9:39PM
Dow Jones News
By Allison Prang
Automatic Data Processing Inc. reported higher fourth-quarter
revenue and profit.
ADP's revenue was $3.74 billion, up 11% from $3.38 billion a
year earlier. According to FactSet, analysts were expecting $3.68
billion.
Net earnings at the company were $538.2 million, up from $411.5
million a year earlier. Earnings were $1.26 a share, up from 96
cents a share previously.
Adjusted earnings were $1.20 a share. According to FactSet,
analysts were expecting $1.14 a share in adjusted earnings.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
July 28, 2021 07:36 ET (11:36 GMT)
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