Automatic Data Processing Inc
ADP: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|w@ | LOCK|nKYG | LOCK|wNL!>q |
ADP Earnings: AI-Driven Efficiency and Stronger Pricing Power Fuel Guidance Raise
ADP reported third-quarter revenue up 7% year over year (6% organic constant currency) to $5.9 billion, while adjusted EBIT margin expanded 80 basis points to 30.2%, a strong result amidst AI disruption fears.
