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ADP announced earnings per share of $1.52 on revenue of $3.70B. Analysts polled by Investing.com anticipated EPS of $1.29 on revenue of $3.57B.
ADP shares are down 6.62% from the beginning of the year, still down 9.76% from its 52 week high of $182.32 set on February 18, 2020. They are under-performing the S&P 500 which is up 2.49% from the start of the year.
ADP’s report follows an earnings missed by Netflix on January 19, who reported EPS of $1.19 on revenue of $6.64B, compared to forecasts EPS of $1.36 on revenue of $6.62B.
Verizon had beat expectations on Tuesday with fourth quarter EPS of $1.21 on revenue of $34.69B, compared to forecast for EPS of $1.17 on revenue of $34.49B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
