By Allison Prang

 

Automatic Data Processing Inc.'s profit increased in the third quarter, while its top line was in line with analysts' consensus and its adjusted earnings beat.

ADP's profit rose to $820.9 million, compared with $753.7 million a year prior. Its earnings were $1.90 a share, an increase from $1.73 a share a year prior.

Adjusted earnings were $1.92 a share. According to FactSet, analysts were expecting $1.91 a share.

Revenue was $4.05 billion, in line with Wall Street's consensus. It rose 5.7% from a year ago.

 

Write to Allison Prang at allison.prang@wsj.com

 

(END) Dow Jones Newswires

April 29, 2020 07:30 ET (11:30 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
Automatic Data Processing (NASDAQ:ADP)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024 Click aqui para mais gráficos Automatic Data Processing.
Automatic Data Processing (NASDAQ:ADP)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024 Click aqui para mais gráficos Automatic Data Processing.