Automatic Data Processing, Inc. (ADP), founded in 1949 and headquartered in Roseland, New Jersey, is a global leader in human capital management (HCM) solutions. With a market cap of $117 billion, ADP provides comprehensive payroll, HR, and workforce management services, helping businesses of all sizes enhance efficiency and streamline operations. The company is set to announce its Q2 earnings before the market opens on Wednesday, Jan. 29.
Ahead of this event, analysts expect ADP to report a profit of $2.27 per share, up 6.6% from $2.13 per share in the year-ago quarter. The company’s solid track record of consistently surpassing Wall Street's bottom-line estimates in the last four quarterly reports is even more impressive.
