Loading...
•
Dec 31, 2021
ADP Q2 2022 Earnings Report
ADP's Q2 2022 financial results were reported, showing revenue growth and increased earnings per share.
Key Takeaways
ADP reported a 9% increase in revenues to $4.0 billion compared to the previous year's second quarter. Net earnings increased by 7% to $694 million, with diluted earnings per share increasing by 9% to $1.65. The company also raised its fiscal year 2022 guidance, reflecting strong momentum across the business.
Revenues increased 9% compared to last year's second quarter to $4.0 billion.
Net earnings increased 7% to $694 million, and adjusted net earnings increased 7% to $697 million.
Diluted earnings per share increased 9% to $1.65; adjusted diluted EPS increased 9% to $1.65.
Fiscal 2022 guidance increased as strong momentum continues across the business.
Revenue by Segment
Forward Guidance
ADP provided its fiscal year 2022 outlook, including revenue growth of 8% to 9% and adjusted diluted EPS growth of 12% to 14%.
Positive Outlook
- Revenue growth of 8% to 9%.
- Adjusted EBIT margin expansion of 50 to 75 basis points.
- Adjusted effective tax rate of approximately 22.5%.
- Diluted EPS growth of 11% to 13%.
- Adjusted diluted EPS growth of 12% to 14%.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...