ADP Stock Edges Higher After Strong Client Demand And FY26 Outlook

Automatic Data Processing (NASDAQ:ADP) reported fiscal fourth-quarter results on Wednesday.

The company reported quarterly revenues of $5.13 billion, beating the analyst consensus estimate of $5.05 billion. Revenues increased 7.5% year-over-year. 

The human resources management software company reported quarterly adjusted EPS of $2.26, beating the analyst consensus estimate of $2.23.

Also Read: ADP Q3 Earnings: Tops Estimates, Reaffirms Growth Outlook, New CFO Set To Take Over

ADP primarily earns revenue by charging service fees in its Employer Services and PEO segments, with pricing based on the scope of services each client uses.

Employer Services revenues increased 8% to $3.47 billion. PEO Services ...