Automatic Data Processing Earnings: Your Sneak Peek to the Big Announcement
Automatic Data Processing (NASDAQ:ADP) will report earnings before markets open on Friday, May 3rd. Automatic Data Processing, Inc. is a global provider of business outsourcing solutions. The Company’s services include a wide range of human resource, payroll, tax and benefits administration solutions. Automatic Data also provides solutions to auto, truck, motorcycle, marine and recreational vehicle dealers.
Here is your Cheat Sheet to Automatic Data Processing Earnings:
Earnings Expectations: Analysts expect earnings of $0.98 per share on revenues of $3.11 billion. Currently, the company’s P/E ratio stands at 23.42.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.58 and has not changed. For the current year, the average estimate is a profit of $2.9, which is worse than the estimate ninety days ago.
Here’s how Automatic Data Processing has been performing on an annual basis:
|Revenue ($) in millions||8,776||8,838||8,928||9,880||10,670|
|Diluted EPS ($)||2.34||2.63||2.40||2.52||2.82|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||2,571||2,923||2,637||2,638||2,748|
|Diluted EPS ($)||0.76||0.92||0.5266||0.63||0.80|
Automatic Data Processing has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)