Automatic Data Processing, Inc. (ADP), a provider of cloud-based human capital management solutions, on Wednesday reported its higher net income in the third quarter compared with the previous year.
For the third quarter, net income increased to $1.36 billion from $1.25 billion in the previous year.
Earnings per share were $3.38 versus $3.06 last year.
Adjusted net income increased to $1.36 billion from $1.25 billion in the previous year.
Adjusted earnings per share were $3.37 versus $3.06 last year.
Adjusted EBIT rose to $1.79 billion from $1.63 billion in the prior year.
Revenue increased to $5.94 billion from $5.55 billion in the previous year.
Looking ahead, the company now expects growth of 6% to 7% compared to the previously expected growth of 6%
Earnings per share for the fiscal year 2026 is anticipated to grow 10% to 11%, from the previously expected growth of 9% to 10%.
Adjusted earnings per share is expected to grow 10% to 11%, from the previously expected growth of 9% to 10%.
In the pre-market trading, 4.06% higher at $207.25 on the Nasdaq.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.