Automatic Data Processing beats Q3 estimates, updates guidance

Automatic Data Processing press release ( NASDAQ: ADP ): Q1 Non-GAAP EPS of $2.33 beats by $0.12 .

Revenue of $4.8B (+6.7% Y/Y) beats by $30M .



Net earnings increased 11% to $956 million, and adjusted net earnings increased 11% to $956 million Adjusted EBIT.