Categories AlphaGraphs, Earnings, LATEST, Other Industries
Automatic Data Processing (NASDAQ: ADP): Q1 2020 Earnings Snapshot
– Automatic Data Processing, Inc. (NASDAQ: ADP) reported adjusted earnings of $1.34 per share for the first quarter of 2020, vs. $1.33 per share expected.
– Net income was $582.4 million or $1.34 per share, compared to $505.4 million or $1.15 per share in the same period of last year
– First-quarter net revenues grew 6% annually to $3.5 billion, vs. $3.52 billion expected
– Expects consolidated revenues to grow between 6% and 7% in fiscal 2020
– Looking for full-year adjusted earnings growth in the range of 12% to 14%
– Automatic Data Processing shares closed the last trading session higher; the stock gained 25% so far this year
Most Popular
Snowflake (SNOW) appears to be on solid footing despite cloud slowdown
The cloud computing market witnessed accelerated growth in the last couple of years, as enterprises across the world shifted their digital assets to cloud for ensuring safety and enhancing data
Dollar Tree (DLTR) vs. Dollar General (DG): How did the third quarter turn out for these discount retailers?
In times of high inflation and economic uncertainty, consumers tend to turn to discount retailers in search of more value. The two leading discount retailers Dollar Tree Inc. (NASDAQ: DLTR)
Kroger (KR) looks set to start 2023 with new vigor. Is the stock a buy?
The retail environment has witnessed many changes in customers’ shopping behavior lately, especially after the COVID outbreak. With inflation putting pressure on personal finances, there appears to be a new
