ADP Beats Q1 FY27, Raises Full-Year Revenue and EPS Guidance
ADP sits 59% above its 52-week low of $188.16.
Summary
ADP reported first-quarter fiscal 2027 revenue up 6% to $5.5 billion and adjusted diluted EPS up 13% to $2.82, then raised full-year revenue and EPS growth guidance.
Key Events · Earnings and Guidance · ADP
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Q1 FY27 Revenue Up 6%
Total revenues rose 6% to $5.49 billion from $5.18 billion, with Employer Services up 6% and PEO Services up 7%.
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EPS and Margin Expansion
Diluted EPS rose 14% to $2.83 and adjusted diluted EPS rose 13% to $2.82; adjusted EBIT margin expanded 130 basis points to 26.8%.
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Full-Year Guidance Raised
FY2027 revenue growth outlook lifted to about 6% from 5-6%, and adjusted diluted EPS growth raised to 10-12% from 9-11%.
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Client Funds Interest Outlook Up
Interest on funds held for clients now guided to $1.59-1.61 billion, up from the prior $1.54-1.56 billion range, on 4-5% balance growth and a ~3.8% yield.
Analysis · ADP · Technology
ADP delivered first-quarter results ahead of its own expectations and lifted the full-year outlook on both revenue and adjusted EPS. Revenue rose 6% to $5.5 billion, adjusted EBIT margin expanded 130 basis points to 26.8%, and adjusted diluted EPS grew 13% to $2.82. Management now guides fiscal 2027 revenue growth of about 6% (up from 5-6%) and adjusted diluted EPS growth of 10-12% (up from 9-11%), with client funds interest revenue raised to $1.59-1.61 billion. For a company trading near its 52-week high, the raise supports the premium valuation, though the stock already reflects high expectations.
How filings like this one have moved
In the 30 days to Oct 29, 2026, 31% of the 1656 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.01%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, ADP was trading at $298.80 on NASDAQ in the Technology sector, with a market capitalization of approximately $116.1B. The 52-week trading range was $188.16 to $309.40. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.