Investing.com – ADP reported first quarter that beat analysts’ expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.34 on revenue of $3.50B. Analysts polled by Investing.com anticipated EPS of $1.33 on revenue of $3.52B. That compared to EPS of $1.2 on revenue of $3.32B in the same period a year earlier. The company had reported EPS of $1.14 on revenue of $3.5B in the previous quarter.
ADP follows other major Services sector earnings this month
On October 24, Amazon.com reported third quarter EPS of $4.23 on revenue of $69.98B, compared to forecasts of EPS of $4.61 on revenue of $68.83B.
Visa A earnings beat analysts’ expectations on October 24, with fourth quarter EPS of $1.47 on revenue of $6.14B. Investing.com analysts expected EPS of $1.43 on revenue of $6.08B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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