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ADP announced earnings per share of $1.89 on revenue of $4.10B. Analysts polled by Investing.com anticipated EPS of $1.79 on revenue of $4.08B.
ADP shares are up 11% from the beginning of the year, still down 0.70% from its 52 week high of $197.28 set on April 23. They are outperforming the STOXX 600 which is up 10.31% from the start of the year.
ADP’s report follows an earnings beat by Visa A on Tuesday, who reported EPS of $1.38 on revenue of $5.73B, compared to forecasts EPS of $1.27 on revenue of $5.56B.
Verizon had beat expectations on April 21 with first quarter EPS of $1.31 on revenue of $32.9B, compared to forecast for EPS of $1.29 on revenue of $32.46B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
