Investing.com - ADP (NASDAQ:ADP) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ADP announced earnings per share of $1.65 on revenue of $3.82B. Analysts polled by Investing.com anticipated EPS of $1.49 on revenue of $3.75B.
ADP shares are up 37.46% from the beginning of the year and are trading at $218.80 , down-from-52-week-high.They are outperforming the S&P 500 which is up 21.8% from the start of the year.
ADP follows other major Services sector earnings this month
ADP's report follows an earnings beat by Visa A on Tuesday, who reported EPS of $1.62 on revenue of $6.56B, compared to forecasts EPS of $1.55 on revenue of $6.52B.
Netflix had beat expectations on Tuesday, October 19, 2021 with third quarter EPS of $3.19 on revenue of $7.48B, compared to forecast for EPS of $2.57 on revenue of $7.48B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar