Automatic Data Processing, Inc. (ADP) Q2 2017 Earnings Results

Automatic Data Processing Beats on EPS, Stock Down 5.68%

The earnings report showed that Automatic Data Processing exceeded expectations on EPS, which is a positive sign for profitability. However, the stock fell by 5.68%, likely due to the lack of revenue information and guidance, leaving investors uncertain about future performance. The management's focus on technology investment suggests they are positioning for long-term growth, but immediate reactions indicate some caution among investors.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.87	N/A	+7.41%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Overall, management expressed confidence in their core business despite not providing specific guidance. They emphasized their commitment to innovation.

Management highlighted strong performance in payroll services.

They noted ongoing investment in technology to enhance service delivery.

Automatic Data Processing Beats on EPS, Stock Down 5.68%

Key numbers

Management commentary

Automatic Data Processing, Inc.

More earnings this week

Automatic Data Processing Beats on EPS, Stock Down 5.68%

Key numbers

Management commentary