7/106 sources · 6 publishersUpdated Oct 28, 15:05 UTC
ADP posts Q1 FY2027 revenue up 6% and lifts FY2027 earnings and revenue outlook
Automatic Data Processing reported first‑quarter fiscal 2027 revenue of $5.5 billion, a 6% year‑over‑year increase, and net earnings of $1.1 billion. Adjusted diluted earnings per share rose 13% to $2.82. The company raised its full‑year revenue growth target to about 6% and its adjusted diluted EPS growth target to 10‑12% for FY2027.
Why it matters
The higher revenue and earnings guidance suggests stronger top‑line momentum and profitability, which could support a higher valuation for ADP. Investors will adjust their models to reflect the revised FY2027 growth expectations.
Key facts
- 1Revenues increased 6% to $5.5 billion compared with last year's first quarter, on a reported and organic constant‑currency basis. sec.gov
- 2Net earnings increased 11% to $1.1 billion. sec.gov
- 3Adjusted diluted EPS increased 13% to $2.82. sec.gov
- 4Adjusted EBIT rose 12% to $1.5 billion and its margin expanded 130 basis points to 26.8%. sec.gov
- 5Fiscal 2027 revenue growth outlook was raised to about 6%. sec.gov
- 6Adjusted diluted EPS growth outlook for FY2027 was raised to 10%‑12%. sec.gov
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.