Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
ADP beat earnings estimates in Q3, raised 2026 guidance, but stock dropped 10.4% despite high institutional ownership.
Automatic Data Processing Inc. reported strong Q3 earnings on October 29, with $2.49 EPS and $5.18 billion in revenue, beating estimates and marking a 7.1% year-over-year revenue increase.
The company raised its fiscal 2026 earnings guidance to $10.81–$11.01 per share.
Despite solid performance, the stock declined 10.4% over the period, trading at $253.09 with a market cap of $102.36 billion.
Institutional ownership remains high at 80.03%, and analysts maintain a consensus "Hold" rating with a $312.67 target price.
Recent insider sales totaled $15.6 million, and several major firms issued mixed ratings, including "underweight" from JPMorgan and Wells Fargo.
ADP superó las estimaciones de ganancias en el tercer trimestre, elevó la guía para 2026, pero las acciones cayeron un 10,4% a pesar de la alta propiedad institucional.