Published on 3 May 2024 on Simply Wall St. via Yahoo Finance
Last week saw the newest quarterly earnings release from Automatic Data Processing, Inc. (NASDAQ:ADP), an important milestone in the company's journey to build a stronger business. It was a credible result overall, with revenues of US$5.3b and statutory earnings per share of US$2.88 both in line with analyst estimates, showing that Automatic Data Processing is executing in line with expectations. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
Check out our latest analysis for Automatic Data Processing
earnings-and-revenue-growth