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Automatic Data Processing Inc Reaffirms FY 2013 Guidance


Thursday, 1 Nov 2012 07:30am EDT 

Automatic Data Processing, Inc. reaffirmed fiscal 2013 guidance and expects total revenues growth of 5% to 7%. Diluted earnings per share in a range of 5% to 7% from $2.72 earnings per share in fiscal 2012 which excludes the gain from the sale of assets in the second quarter of fiscal 2012. The Company reported revenue of $10.66 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $11.34 billion for fiscal 2013.