Automatic Data Processing, Inc (NASDAQ:ADP) reported fiscal second-quarter 2025 revenues of $5.05 billion, beating the analyst consensus estimate of $4.97 billion. Revenues increased 8% year-over-year.
The human resources management software company reported quarterly adjusted EPS of $2.35, beating the analyst consensus estimate of $2.29.
Also Read: T-Mobile Q4 Earnings: Beats Estimates, Adds 1.9 Million Postpaid Customers, Targets 6 Million New Customers In 2025
Employer Services revenues increased 8% to $3.39 billion. PEO Services revenues increased 8% to $1.66 billion.
Adjusted EBIT increased 11% to $1.3 billion, and adjusted EBIT margin increased 60 bps to 25.2%. Net earnings increased 10% Y/Y to $963 million
ADP held $2.22 billion in cash and equivalents as of December 31, 2024.
CFO Don McGuire noted the benefits of solid new business booking growth and higher client funds interest revenue. CEO Maria Black flagged a healthy HCM demand backdrop and all-time record client satisfaction.
FY25 Outlook: ADP reiterated a revenue growth outlook of 6%-7% or $20.36 billion-$20.46 billion, versus the consensus of $20.40 billion and adjusted diluted EPS growth of 7%-9% or $9.82-$10.01, versus the consensus of $9.96.
Automatic Data Processing stock gained over 25% in the last 12 months.
Price Action: ADP stock is up 4.02% to $310.29 at the last check on Wednesday.
Also Read:
Photo: Shutterstock
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。