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FX.co ★ Automatic Data Processing Initiates FY25 Outlook - Update

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typeContent_19130:::2024-07-31T12:38:00

Automatic Data Processing Initiates FY25 Outlook - Update

In its fourth-quarter financial report released on Wednesday, Automatic Data Processing Inc. (ADP) unveiled its earnings, adjusted earnings, and revenue growth forecasts for the full fiscal year 2025.

For fiscal 2025, ADP anticipates an earnings per share (EPS) increase in the range of 9 to 11 percent, with adjusted earnings per share projected to grow between 8 to 10 percent on a revenue rise of 5 to 6 percent.

According to the consensus of analysts surveyed by Thomson Reuters, ADP is expected to report an EPS of $9.97, with revenue growth estimated at 5.5 percent, reaching approximately $20.24 billion for the year. These analysts' forecasts typically exclude extraordinary items.

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