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Automatic Data Processing Inc (ADP.OQ)

ADP.OQ on NASDAQ Stock Exchange Global Select Market

146.55USD
16 Nov 2018
Change (% chg)

$-0.70 (-0.48%)
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Latest Key Developments (Source: Significant Developments)

ADP reports Q1 EPS at $1.15
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Automatic Data Processing Inc ::Q1 ADJUSTED EARNINGS PER SHARE $1.20.Q1 EARNINGS PER SHARE $1.15.AUTOMATIC DATA PROCESSING INC - RAISING FISCAL 2019 ADJUSTED DILUTED EPS GROWTH FORECAST TO 15% TO 17%, COMPARED TO PRIOR FORECAST OF 13% TO 15%.Q1 REVENUE ROSE 8 PERCENT TO $3.3 BILLION.SEES FY 2019 REVENUE UP 6 TO 7 PERCENT.AUTOMATIC DATA PROCESSING INC - SEES FY19 ADJUSTED DILUTED EPS UP 15% TO 17% FROM $4.53 IN FISCAL 2018, COMPARED TO PRIOR FORECAST OF UP 13% TO 15%.  Full Article

Automatic Data Processing Files For Potential Debt Shelf Offering
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Automatic Data Processing Inc ::AUTOMATIC DATA PROCESSING INC FILES FOR POTENTIAL DEBT SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

ADP Q4 Earnings Per Share $0.25
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Automatic Data Processing Inc ::Q4 EARNINGS PER SHARE $0.25.ADP REPORTS FOURTH QUARTER AND FISCAL 2018 RESULTS; PROVIDES FISCAL 2019 OUTLOOK.SEES FY 2019 REVENUE UP 5 TO 7 PERCENT.Q4 ADJUSTED EARNINGS PER SHARE $0.92.ADP - FORECASTING FISCAL 2019 ADJUSTED DILUTED EARNINGS PER SHARE TO INCREASE 13% TO 15%.ADP - COMPARED TO LAST YEAR'S Q4, QTRLY REVENUES GREW 8% TO $3.3 BILLION.Q4 EARNINGS PER SHARE VIEW $0.90, REVENUE VIEW $3.30 BILLION -- THOMSON REUTERS I/B/E/S.ADP - QTRLY EARNINGS HAD IMPACT OF PRE-TAX CHARGES OF $365 MILLION RELATED TO CO'S VOLUNTARY EARLY RETIREMENT PROGRAM AND OTHER TRANSFORMATION INITIATIVES.ADP - FOR FISCAL 2019, EXPECTS FULL-YEAR DILUTED EARNINGS PER SHARE TO BE UP 19% TO 21%.FY EARNINGS PER SHARE VIEW $4.31, REVENUE VIEW $13.30 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Pershing Square Capital Management Reports A 5.6 Pct Stake In Automatic Data Processing As Of June 25
Wednesday, 27 Jun 2018 

June 27 (Reuters) - Automatic Data Processing Inc ::AS OF JUNE 25 - SEC FILING.PERSHING SQUARE CAPITAL MANAGEMENT LP HAD PREVIOUSLY REPORTED A 7.2 PERCENT STAKE IN AUTOMATIC DATA PROCESSING AS OF MARCH 12.  Full Article

Pershing Square Capital Management Takes Sole Share Stake In United Technologies
Tuesday, 15 May 2018 

May 15 (Reuters) - Pershing Square Capital Management::PERSHING SQUARE CAPITAL MANAGEMENT TAKES SOLE SHARE STAKE OF 1.9 MILLION SHARES IN UNITED TECHNOLOGIES - SEC FILING.PERSHING SQUARE CAPITAL MANAGEMENT CUTS SOLE SHARE STAKE IN AUTOMATIC DATA PROCESSING TO 7.9 MILLION SHARES FROM 8.8 MILLION SHARES - SEC FILING.PERSHING SQUARE CAPITAL MANAGEMENT MORE THAN HALVES SOLE SHARE STAKE IN HOWARD HUGHES TO 2.2 MILLION SHARES - SEC FILING.PERSHING SQUARE CAPITAL MANAGEMENT - CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017.  Full Article

ADP Increases Quarterly Dividend By 10 Pct To $0.69/Share
Wednesday, 11 Apr 2018 

April 11 (Reuters) - Automatic Data Processing Inc ::INCREASES CASH DIVIDEND.SETS REGULAR QUARTERLY DIVIDEND OF $0.69 PER SHARE.INCREASES QUARTERLY DIVIDEND BY 10 PERCENT.  Full Article

ADP Acquires Workmarket To Further Extend Human Capital Management
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Automatic Data Processing Inc ::ADP ACQUIRES WORKMARKET TO FURTHER EXTEND HUMAN CAPITAL MANAGEMENT TO CONTINGENT WORKERS AND CREATE MORE AGILE AND INCLUSIVE SOLUTIONS FOR A CHANGING WORKFORCE.AUTOMATIC DATA PROCESSING INC - ‍FINANCIAL TERMS OF TRANSACTION WERE NOT DISCLOSED.​.ADP ACQUIRES WORKMARKET TO FURTHER EXTEND HUMAN CAPITAL MANAGEMENT TO CONTINGENT WORKERS AND CREATE MORE AGILE AND INCLUSIVE SOLUTIONS FOR A CHANGING WORKFORCE.  Full Article

Pershing Square Capital Management raises sole share stake in ADP, dissolves in Nomad Foods
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Pershing Square Capital Management::Pershing Square Capital Management raises sole share stake in Automatic Data Processing Inc to 8.8 million shares from 1.8 million shares - SEC Filing‍​.Pershing Square Capital Management dissolves sole share stake in Nomad Foods - SEC Filing​.Pershing Square Capital Management - change in holdings are as of Sept 30, 2017 and compared with the previous quarter ended as of June 30, 2017.  Full Article

ADP raises qtrly cash dividend
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Automatic Data Processing Inc ::ADP increases cash dividend; marks 43rd consecutive year of dividend increases.Automatic Data Processing - approved $0.06 increase in qtrly cash dividend, new dividend compares with previous qtrly dividend rate of $0.57 per share​.  Full Article

ADP reports Q1 adjusted earnings per share of $0.91
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Automatic Data Processing Inc :ADP reports first quarter fiscal 2018 results.Q1 adjusted earnings per share $0.91.Q1 earnings per share $0.90.Q1 earnings per share view $0.85 -- Thomson Reuters I/B/E/S.Sees FY 2018 revenue up 6 to 8 percent.Q1 revenue $3.1 billion versus I/B/E/S view $3.06 billion.Automatic Data Processing Inc - ‍raising fiscal 2018 revenue growth outlook to 6% to 8%​.Automatic Data Processing - ‍worldwide new business bookings declined 3% for quarter; reaffirming 5% to 7% increase in fiscal 2018​.Automatic Data Processing Inc - ‍ADP expects full year diluted earnings per share to be down 1% to up 1%​.Automatic Data Processing - ‍continues to anticipate adjusted EPS growth and adjusted EBIT margin to be below guidance ranges in first half of fiscal 2018​.Automatic Data Processing Inc - ‍continues to anticipate adjusted EPS growth and adjusted EBIT margin to be above previous guidance ranges in H2 2018​.Automatic Data Processing Inc - ‍anticipated fiscal 2018 pre-tax restructuring charges of about $30 million related to our service alignment initiative​.Automatic Data Processing Inc - ‍anticipated fiscal 2018 pre-tax proxy contest charges of about $27 million​.  Full Article

UPDATE 1-Ackman's Pershing Square exits Mondelez in favor of other bets

NEW YORK, Nov 14 Billionaire investor William Ackman has turned his back on snack maker Mondelez International and put the money into potentially more lucrative bets, including global coffee company Starbucks and hotel operator Hilton Worldwide Holdings.