Automatic Data Processing, Inc. (ADP) Q3 2019 Earnings Results

Automatic Data Processing Beats on EPS, Stock Down 4.2%

The earnings report shows that Automatic Data Processing was able to exceed EPS expectations, which is a positive sign for profitability. However, the lack of revenue data and guidance may have contributed to the stock's decline of 4.2%. Investors may be concerned about future growth prospects without clearer direction from management.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$1.77	N/A	+3.31%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Overall, management highlighted the positive EPS surprise as a sign of resilience. However, they did not provide specific revenue guidance, which left some investors uncertain.

Management expressed satisfaction with the EPS performance despite not providing revenue figures.

The company remains focused on operational efficiency and client retention.

Automatic Data Processing Beats on EPS, Stock Down 4.2%

Key numbers

Management commentary

Automatic Data Processing, Inc.

More earnings this week

Automatic Data Processing Beats on EPS, Stock Down 4.2%

Key numbers

Management commentary