NasdaqGS:ADPProfessional Services
ADP (ADP) Net Margin Edges Higher, Slower Earnings Growth Reinforces Market Caution
Automatic Data Processing (ADP) posted a net profit margin of 19.8%, slightly above last year’s 19.7%, while earnings growth for the most recent period slowed to 7.5% compared to its 11.2% annual average over the past five years. Forecasts indicate ADP’s earnings are expected to grow at 6.7% per year, with revenue anticipated to rise by 5.3% annually, both projected to lag behind broader US market expectations. With quality earnings and limited risks, investors are focusing on stable margins...