ADP Beats Q4 Revenue and EPS, Issues FY27 Growth Outlook
ADP sits 41% above its 52-week low of $188.16.
Summary
ADP delivered a clean beat on both top and bottom lines for fiscal Q4, with revenue of $5.5B topping the $5.44B consensus and adjusted EPS of $2.64 exceeding the $2.59 estimate. The results were driven by strong enterprise demand for payroll and HR software, and the PEO Services segment grew 7%. Management issued fiscal 2027 revenue growth guidance of 5-6%, slightly below the 5.8% analyst expectation, but framed it alongside AI-driven productivity gains. This follows the 8-K filed earlier today confirming full-year revenue of $21.9B and adjusted EPS of $11.12 at the high end of prior guidance. The earnings beat and solid demand signal resilience in ADP's core business, though the conservative FY27 outlook may temper enthusiasm.
At the time of this announcement, ADP was trading at $264.97 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $105.6B. The 52-week trading range was $188.16 to $315.98. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.