Automatic Data Processing, Inc.

ADP

US0530151036

IT Services & Consulting

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-19 pm EDT			5-day change	1st Jan Change
243.3 ^USD	+0.55%		-0.22%	+4.44%

Apr. 03	Peltz loses at Disney but his investors win; changes may still be ahead	RE
Apr. 03	Automatic Data Processing Keeps Quarterly Dividend at $1.40 Per Share, Payable July 1 to Shareholders on June 14	MT

ADP Expects Fiscal-Year 2022 Revenue to Rise Between 6% and 7%

July 28, 2021 at 07:41 am EDT

By Allison Prang

Automatic Data Processing Inc. said Wednesday it is guiding for revenue to rise between 6% and 7% in fiscal-year 2022, compared with revenue of $15.01 billion in the previous fiscal year.

According to FactSet, analysts are expecting ADP to report fiscal-year 2022 revenue of $15.87 billion. ADP expects employer services revenue to rise between 4% and 6% and for PEO services revenue to rise between 9% and 11%.

The company expects adjusted earnings to rise between 9% and 11%. They were $6.02 a share for the 2021 fiscal year. Analysts are expecting $6.54 a share.

Write to Allison Prang at allison.prang@wsj.com

(END) Dow Jones Newswires

07-28-21 0740ET

Latest news about Automatic Data Processing, Inc.

Peltz loses at Disney but his investors win; changes may still be ahead	Apr. 03	RE
Automatic Data Processing Keeps Quarterly Dividend at $1.40 Per Share, Payable July 1 to Shareholders on June 14	Apr. 03	MT
Automatic Data Processing, Inc. Declares Regular Quarterly Dividend, Payable on July 1, 2024	Apr. 03	CI
March Private Job Growth Beats Expectations, ADP Data Show	Apr. 03	MT
U.S. Hiring Surges in Fresh Challenge for Inflation Battle, ADP Reports	Apr. 03	DJ
Evercore ISI Raises Automatic Data Processing Price Target to $235 From $227, Maintains Underperform Rating	Mar. 26	MT
Add a little SaaS to your life	Mar. 14
Mizuho Securities Raises Price Target on Automatic Data Processing to $272 From $265, Maintains Buy Rating	Mar. 11	MT
February Private Job Growth Misses Expectations, January Vacancies Rise, ADP, JOLTS Data Show	Mar. 06	MT
U.S. Hiring Accelerated in February, ADP Reports	Mar. 06	DJ
Automatic Data Processing Insider Sold Shares Worth $291,833, According to a Recent SEC Filing	Mar. 05	MT
Automatic Data Processing Insider Sold Shares Worth $264,004, According to a Recent SEC Filing	Mar. 05	MT
Deutsche Bank Adjusts Automatic Data Processing Price Target to $265 From $245, Maintains Hold Rating	Feb. 29	MT
Workday beats quarterly profit estimates, expects macro concerns to continue in fiscal 25	Feb. 26	RE
Automatic Data Processing Insider Sold Shares Worth $485,520, According to a Recent SEC Filing	Feb. 23	MT
Automatic Data Processing Insider Sold Shares Worth $7,271,250, According to a Recent SEC Filing	Feb. 08	MT
Paycom forecasts Q1 revenue below estimates; names co-CEO	Feb. 07	RE
Automatic Data Processing Insider Sold Shares Worth $287,385, According to a Recent SEC Filing	Feb. 05	MT
Automatic Data Processing Insider Sold Shares Worth $2,776,585, According to a Recent SEC Filing	Feb. 05	MT
ADP Reports 'Strong' Q2, but Rising Competition, Weaker Employment Backdrop Pose Headwinds, Morgan Stanley Says	Feb. 01	MT
Citigroup Increases Price Target on Automatic Data Processing to $260 From $228, Maintains Neutral Rating	Feb. 01	MT
TD Cowen Raises Price Target on Automatic Data Processing to $243 From $240, Keeps Market Perform Rating	Feb. 01	MT
Morgan Stanley Raises Price Target on Automatic Data Processing to $270 From $250 Amid 'Strong' Fiscal Q2 Results; Equalweight Kept	Feb. 01	MT
January Private Job Growth Misses Expectations, ADP Data Show	Jan. 31	MT
ADP Shares Up 3.2% as Earnings Top Wall Street Views	Jan. 31	DJ

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Company Profile

Automatic Data Processing, Inc. is a computing services company organized around 2 areas of activity: - developing solutions of employment management for small and medium enterprises (66.8% of net sales); - developing solutions for human resources management (33.2%): audit services, management consultant, development management solutions (of pay, administration of staff, social statements, time and activities, careers and skills), training services, etc. Net sales are distributed geographically as follows: the United States (88.5%), Europe (7.3%), Canada (2.4%) and other (1.8%).

Sector

IT Services & Consulting

Calendar

2024-05-01 - Q3 2024 Earnings Release

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Ratings for Automatic Data Processing, Inc.

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ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

243.3 USD

Average target price

257.9 USD

Spread / Average Target

+5.99%

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Other IT Services & Consulting

Automatic Data Processing, Inc.

Equities

ADP

US0530151036

IT Services & Consulting

ADP Expects Fiscal-Year 2022 Revenue to Rise Between 6% and 7%

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