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Valued at a market cap of $116.82 billion, Automatic Data Processing, Inc. (ADP) provides cloud-based human capital management (HCM) solutions, including payroll, talent management, human resources and benefits administration, and time and attendance management. The Roseland, New Jersey-based company is expected to announce its fiscal Q1 earnings results before the market opens on Wednesday, Oct. 30.
Ahead of this event, analysts expect the management services provider to report a profit of $2.20 per share, up 5.8% from $2.08 per share in the year-ago quarter. The company has consistently surpassed Wall Street's bottom-line estimates in the last four quarters.
