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ADP / ADP stock drops toward a 10-month low after human resources outsourcing company lifts profit growth outlook but keeps revenue growth view intact

ADP stock drops toward a 10-month low after human resources outsourcing company lifts profit growth outlook but keeps revenue growth view intact
Automatic Data Processing Inc. ADP reported Wednesday fiscal third-quarter earnings that topped expectations, and nudged up its full-year profit outlook while keeping its revenue outlook intact. The human resources outsourcing services company's stock slumped 1.3% toward a 10-month low in premarket trading. Read More
Posted: Apr 26 2023, 07:20
Author Name: Market Watch
Views: 111047

ADP News  

Jobs Cut in Half to 150K; Unemployment +3.9%

By Zacks Investment Research
November 3, 2023

Jobs Cut in Half to 150K; Unemployment +3.9%

Today's headline BLS number is 150K, below the 170-180K expected, and well below the downwardly revised 297K the previous month. more_horizontal

Initial Claims Higher Than Expected

By Zacks Investment Research
November 2, 2023

Initial Claims Higher Than Expected

This being Thursday morning, we'd likely be seeing new Weekly Jobless Claims figures, even if it weren't “Jobs Week.” And even though it is, we st more_horizontal

ADP Jobs +113K Lower than Expected; Fed at 2pm

By Zacks Investment Research
November 1, 2023

ADP Jobs +113K Lower than Expected; Fed at 2pm

This means we're still creating more than the amount of monthly private-sector jobs the economy needs to offset retiring Baby Boomers. more_horizontal

ADP Q1 Earnings Beat on Recurring Revenues, Strong Clientele

By Zacks Investment Research
October 31, 2023

ADP Q1 Earnings Beat on Recurring Revenues, Strong Clientele

Healthy demand for HCM solutions benefits ADP's bottom line in the first quarter of fiscal 2024. more_horizontal

Why Automatic Data Processing (ADP) is a Top Dividend Stock for Your Portfolio

By Zacks Investment Research
October 30, 2023

Why Automatic Data Processing (ADP) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Automatic Data Processing (ADP more_horizontal

Best High Growth Dividend Stocks - From The 4 Factor Strategy

By Seeking Alpha
October 26, 2023

Best High Growth Dividend Stocks - From The 4 Factor Strategy

The 4 factor dividend growth strategy aims to blend the ease of investing in an ETF with the appeal of holding individual stocks. The strategy focuses more_horizontal

Why Automatic Data Processing Stock Dropped Today

By The Motley Fool
October 25, 2023

Why Automatic Data Processing Stock Dropped Today

ADP beat earnings estimates but fell short on revenue for its fiscal first quarter. Management insisted their performance was "strong," highlighting p more_horizontal

Why ADP Shares Tumbled 9% Despite Fiscal Q1 Bottom-Line Beat

By Investopedia
October 25, 2023

Why ADP Shares Tumbled 9% Despite Fiscal Q1 Bottom-Line Beat

Shares of Automatic Data Processing Inc. (ADP) tumbled more than 9% Wednesday as a mixed earnings report from the payroll services provider failed to more_horizontal


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