ADP Beats Its Own Bar: Q1 Revenue Up 6% to $5.5B, EPS Up 13%, Guidance Raised
ADP sits 53% above its 52-week low of $188.16.
Summary
ADP opened fiscal 2027 with revenue up 6% to $5.5 billion and adjusted diluted EPS up 13% to $2.82, then raised its full-year outlook. Both lines show acceleration versus the softer macro backdrop its own employment reports have been painting: private payrolls added just 44,000 in July and 38,000 in August before rebounding to 90,000 in September. The guidance raise is the part that matters — it tells you management expects the September pickup to hold rather than fade. The 8-K carrying these numbers hit the tape minutes before this release, and the analyst call is at 8:30 a.m. ET today, where the size of the raise and any change to margin assumptions will get the scrutiny.
At the time of this announcement, ADP was trading at $287.01 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 news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: PR Newswire.