ADP (ADP) reported Q4 EPS of $1.50, $0.04 better than the analyst estimate of $1.46. Revenue for the quarter came in at $4.1 billion versus the consensus estimate of $4.05 billion.
GUIDANCE:
Consolidated Fiscal 2023 Outlook
- Revenue growth of 7% to 9%
- Adjusted EBIT margin expansion of 100 to 125 basis points
- Adjusted effective tax rate of approximately 23.0%
- Diluted EPS growth of 13% to 16%
- Adjusted diluted EPS growth of 13% to 16%