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Automatic Data Processing Inc Issues FY 2014 Guidance; EPS Guidance Above Analysts' Estimates


Thursday, 1 Aug 2013 07:30am EDT 

Automatic Data Processing Inc announced that for fiscal 2014, it expects revenue growth of about 7% and earnings per share (EPS) growth in the range of 8% to 10%, compared with adjusted $2.89 in fiscal 2013. The Company reported revenue of $11.310 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $12.12 billion and EPS of $3.18 for fiscal 2014.