Automatic Data Processing Reports Strong Q3 Earnings and Raises Guidance
Automatic Data Processing (ADP) reported stronger-than-expected Q3 results with 7% revenue growth, 80 basis points of adjusted EBIT margin expansion, and 10% adjusted EPS growth. The company raised its fiscal 2026 guidance and emphasized its AI-driven strategy in HCM to improve productivity and compliance. Mixed segment performance was noted, with Employer Services showing strong growth but PEO margins declining.
Tickers: $ADP
Topics: AI in HCM Earnings Guidance Upgrade Margin Expansion Revenue Growth