ADP
$145.77
Automatic Data Procs
($3.43)
(2.30%)
Earnings Details
4th Quarter June 2020
Wednesday, July 29, 2020 7:00:00 AM
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Summary

Automatic Data Procs Beats but Guides Lower

Automatic Data Procs (ADP) reported 4th Quarter June 2020 earnings of $1.14 per share on revenue of $3.4 billion. The consensus earnings estimate was $0.96 per share on revenue of $3.3 billion. The Earnings Whisper number was $1.00 per share. Revenue fell 3.5% compared to the same quarter a year ago.

The company said in its earnings presentation it expects fiscal 2021 earnings of $4.85 to $5.15 per share on revenue of $14.00 billion to $14.44 billion. The current consensus earnings estimate is $5.69 per share on revenue of $14.54 billion for the year ending June 30, 2021.

Automatic Data Processing is the provider of technology-based outsourcing solutions to employers and vehicle retailers and manufacturers.

Results
Reported Earnings
$1.14
Earnings Whisper
$1.00
Consensus Estimate
$0.96
Reported Revenue
$3.38 Bil
Revenue Estimate
$3.29 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

ADP Reports Fourth Quarter Fiscal 2020 Results

ROSELAND, N.J., July 29, 2020 /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, today announced its fourth quarter and fiscal 2020 financial results along with its fiscal 2021 outlook through an earnings release available on the company's website at investors.adp.com/events-and-presentations. This earnings release will also be furnished to the Securities and Exchange Commission (SEC) on a Current Report on Form 8-K and available at sec.gov.

As previously announced, ADP will host a conference call for financial analysts today, Wednesday, July 29, 2020 at 8:30 a.m. ET. The conference call will be webcast live on ADP's website at investors.adp.com and will be available for replay following the call. A slide presentation accompanying the webcast is also available at investors.adp.com/events-and-presentations.

Supplemental financial information including schedules of quarterly and full year reportable segment revenues and earnings for fiscal years 2018, 2019, and 2020, as well as quarterly details of the fiscal 2020 results from the client funds extended investment strategy, are posted to ADP's website at investors.adp.com. ADP news releases, current financial information, SEC filings and Investor Relations presentations are accessible at the same website.

About ADP (Nasdaq: ADP)
Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com.

ADP, the ADP logo, and Always Designing for People are trademarks of ADP, LLC.

Copyright © 2020 ADP, LLC. All rights reserved.

ADP-Investor Relations

Investor Relations Contacts:

Danyal Hussain
973.974.7836
Danyal.Hussain@ADP.com

Matthew J. Korn
973.974.7844
Matthew.Korn@ADP.com

ADP-Media

Media Contact:
Allyce Hackmann
201.400.4583
Allyce.Hackmann@ADP.com

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SOURCE ADP - IR