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ADP announced earnings per share of $1.14 on revenue of $3.38B. Analysts polled by Investing.com anticipated EPS of $0.96 on revenue of $3.29B.
ADP shares are down 13.99% from the beginning of the year , still down 19.56% from its 52 week high of $182.32 set on February 18. They are under-performing the S&P 500 which is down 0.38% from the start of the year.
ADP’s report follows an earnings beat by Visa A on Tuesday, who reported EPS of $1.06 on revenue of $4.84B, compared to forecasts EPS of $1.03 on revenue of $4.82B.
Verizon had beat expectations on Friday with second quarter EPS of $1.18 on revenue of $30.45B, compared to forecast for EPS of $1.15 on revenue of $29.92B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
