ADP(ADP)

Search documents
Automatic Data Processing to Report Q2 Earnings: What's in Store?
ZACKS· 2025-01-24 16:21
Automatic Data Processing, Inc. (ADP) is scheduled to release its second-quarter fiscal 2025 results on Jan. 29, before market open.See Zacks Earnings Calendar to stay ahead of market-making news.ADP has a decent earnings surprise history, surpassing the Zacks Consensus Estimate in the trailing four quarters, the average surprise being 3.2%.Automatic Data Processing’s Q2 ExpectationsThe Zacks Consensus Estimate for the top line is pegged at $5 billion, implying a 6.4% increase on a year-over-year basis. We ...
Automatic Data Processing (ADP) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-01-22 16:06
Earnings Expectations - Wall Street expects Automatic Data Processing (ADP) to report a year-over-year increase in earnings and revenues for the quarter ended December 2024 [1] - The stock price may move higher if the actual results exceed expectations, or lower if they miss, with the earnings report expected on January 29 [2] - The sustainability of the stock price change will depend on management's discussion of business conditions during the earnings call [2] Financial Estimates - ADP is expected to post quarterly earnings of $2.27 per share, representing a year-over-year increase of 6.6% [3] - Revenues are expected to be $4.97 billion, up 6.4% from the year-ago quarter [3] - The consensus EPS estimate has remained unchanged over the last 30 days, reflecting analysts' reassessment of initial estimates [4] Earnings Surprise Prediction - The Zacks Earnings ESP (Expected Surprise Prediction) model compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the former being a more recent version [6] - A positive Earnings ESP indicates a likely deviation of actual earnings from the consensus estimate, with predictive power significant for positive readings only [7] - Stocks with a positive Earnings ESP and a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) produce a positive surprise nearly 70% of the time [8] ADP's Earnings Outlook - For ADP, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +1.15% [10] - The stock currently carries a Zacks Rank of 2, indicating a high likelihood of beating the consensus EPS estimate [11] - ADP has beaten consensus EPS estimates in each of the last four quarters, with a surprise of +5.91% in the last reported quarter [12][13] Investment Considerations - An earnings beat or miss may not be the sole basis for a stock's movement, as other factors can influence investor sentiment [14] - Betting on stocks expected to beat earnings expectations increases the odds of success, making it important to check a company's Earnings ESP and Zacks Rank ahead of its quarterly release [15] - ADP appears to be a compelling earnings-beat candidate, but investors should also consider other factors before making investment decisions [16]
Nonfarm Payrolls Jump in December
ZACKS· 2025-01-10 17:01
Pre-market futures are down pretty heavily this morning on fresh economic data. The Dow shot down -350 points, if just temporarily, while the S&P 500 was -60 and the Nasdaq -250 points. We’re now in negative territory trading for the week.BLS Jobs Reach 256K, Unemployment Rate 4.1%The long-awaited Employment Situation report from the U.S. Bureau of Labor Statistics (BLS) is out this morning, and it’s a classic good news/bad news situation. The good news? We see a much stronger labor market than expected. Th ...
Investors Wait for Key Fed Member's Speeches
ZACKS· 2025-01-09 16:46
Stock markets will suspend trading this Thursday, taking a traditional pause for the funeral of a former head of state. James Earl Carter, Jr., known as Jimmy even during his years in the White House (1977-80), was the 39th President of the U.S. He lived to be 100 — the first ex-president in 235 years of presidents to do so.Carter was also a highly visible altruist following his tenure in office, helping build houses for the poor via his connection with Habitat for Humanity, among other things. The former G ...
Carter Funeral Suspends Stock Market; What to Expect Friday
ZACKS· 2025-01-09 15:56
Thursday, January 9, 2025Stock markets will suspend trading this Thursday, taking a traditional pause for the funeral of a former head of state. James Earl Carter, Jr., known as Jimmy even during his years in the White House (1977-80), was the 39th President of the U.S. He lived to be 100 — the first ex-president in 235 years of presidents to do so.Carter was also a highly visible altruist following his tenure in office, helping build houses for the poor via his connection with Habitat for Humanity, among o ...
December Private Sector Payrolls Lowest Since August
ZACKS· 2025-01-08 16:40
Pre-market futures have fluctuated a bit, with new labor market data out ahead of the opening bell. Futures had been slightly negative, then went slightly positive on the economic news, and now we’re back in the red: the Dow is -15 points, the S&P -5 and the Nasdaq -25 points. Ten-year bond yields have now climbed above +4.7%, and the spread between it and 2-year yields is now the highest we’ve seen in, literally, years.ADP Private-Sector Payrolls Lower than ExpectedThe expected jobs numbers out this mornin ...
ADP Numbers Lowest Since August; Initial Claims Also Down
ZACKS· 2025-01-08 16:15
Wednesday, January 8, 2025Pre-market futures have fluctuated a bit, with new labor market data out ahead of the opening bell. Futures had been slightly negative, then went slightly positive on the economic news, and now we’re back in the red: the Dow is -15 points, the S&P -5 and the Nasdaq -25 points. Ten-year bond yields have now climbed above +4.7%, and the spread between it and 2-year yields is now the highest we’ve seen in, literally, years.ADP Private-Sector Payrolls Lower than ExpectedThe expected jo ...
Markets Swing to Negative on Healthy Econ Data (& Higher Bond Yields)
ZACKS· 2025-01-07 23:26
Tuesday, January 7, 2025Market indexes began the trading day in positive territory, but relinquished it on monthly economic data that was released shortly after the open. The Dow dropped -178 points, -0.44%, and it was the leader among major indexes. Both the S&P 500 and Nasdaq lost their two-day winning streak, -1.11% and -1.88%, respectively today. (The Nasdaq basically gave back yesterday’s gains.) And the small-cap Russell 2000 slipped -0.97% on the session.JOLTS Data Indicates Flat-to-Down Labor Market ...
Key Labor Market Data to Deluge This Week
ZACKS· 2025-01-06 16:56
In this first full trading week of the new year, pre-market futures are up again this morning, after a Friday trading session that saw both the Dow and the Nasdaq raise by more than +300 points each. At this hour, the Dow is up an additional +185 points, the Nasdaq +220 and the S&P 500 +45.The trading lows for the month were from the first trading day of 2025, on Thursday. Perhaps we’re seeing a bit more hopeful sentiment as we are now two weeks from a new Trump administration taking over the White House. D ...
ADP to Announce Second Quarter Fiscal 2025 Financial Results on January 29, 2025
Prnewswire· 2024-12-18 13:00
ROSELAND, N.J., Dec. 18, 2024 /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global provider of Human Capital Management (HCM) solutions, is scheduled to release its financial results for the second fiscal quarter ending December 31, 2024 before the opening of the Nasdaq on Wednesday, January 29, 2025.ADP will also be hosting a conference call at 8:30 a.m. ET on January 29, 2025 to discuss these results. Maria Black, President & Chief Executive Officer, Don McGuire, Chief Financial Officer and Matthew Keating ...