Automatic Data Processing reports stronger-than-expected Q4 results and forecasts fiscal 2027 revenue growth of 5% to 6%.
Automatic Data Processing posted Q4 non-GAAP earnings per share of $2.64, exceeding estimates by $0.04, as revenue rose 6.8% year-over-year to $5.48 billion. The $40 million revenue beat underscores solid demand for payroll and HR services.
Analysts had anticipated $5.44 billion in revenue and $2.60 in EPS for the quarter. The company’s adjusted EBIT margin outlook for fiscal 2027 remains under review, following a year of steady growth.
ADP guided fiscal 2027 revenue growth between 5% and 6%, slightly below the estimated 6.16% year-over-year increase.