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Barchart
Sohini Mondal

Automatic Data Processing's Q4 2024 Earnings: What to Expect

Automatic Data Processing ADP

With a market cap of $96.4 billion, Automatic Data Processing, Inc. (ADP) is a leading provider of cloud-based Human Capital Management (HCM) solutions based in Roseland, New Jersey. The company is expected to announce its fiscal Q4 earnings results before the market opens on Wednesday, July 31.

Ahead of the event, analysts are expecting ADP to report a profit of $2.07 per share, up 9.5% from $1.89 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in each of the last four quarterly reports. Steady demand for its payroll software and new bookings helped the company surpass the consensus EPS estimate by 4.4% in the most recent quarter.

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