ADP reported fourth quarter earnings that beat analysts' expectations on Wednesday and revenue that was inline with forecasts.
The firm reported earnings per share of $1.14 on revenue of $3.5B. Analysts polled by expected EPS of $1.13 on revenue of $3.5B. That compared to EPS of $0.92 on revenue of $3.32B in the same period a year earlier. The company had reported EPS of $1.77 on revenue of $3.85B in the previous quarter.
ADP follows other major Services sector earnings this month
On July 25, Amazon.com reported second quarter EPS of $5.22 on revenue of $63.4B, compared to forecasts of EPS of $5.56 on revenue of $62.52B.
Visa A earnings beat analysts' expectations on July 24, with third quarter EPS of $1.37 on revenue of $5.84B. analysts expected EPS of $1.32 on revenue of $5.7B
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