Can ADP maintain its streak of positive earnings surprises?

**ADP's likelihood of maintaining a positive earnings surprise appears favorable**, considering the following points:

1. **Consistent Growth**: ADP has demonstrated consistent growth in revenue and earnings. For example, in Q2 2025, the company reported an 8.1% increase in revenue and a 9.7% increase in net income compared to the previous year. This consistent growth indicates a strong business performance, which is a positive indicator for future earnings.
2. **Analyst Expectations**: The average analyst price target for ADP is $323.5, with a consensus rating of "Neutral". This suggests that analysts are generally optimistic about ADP's future performance, which could lead to continued positive earnings surprises.

3. **Recent Performance**: ADP's recent financial performance has exceeded expectations. For instance, in Q2 2025, the company's earnings per share (EPS) was $2.35, surpassing the analyst expectation of $2.30. This track record of exceeding expectations bodes well for the possibility of future positive surprises.
4. **Strategic Initiatives**: ADP has announced strategic partnerships and initiatives that are likely to contribute positively to its financial performance. For example, the partnership with Fiserv is aimed at enhancing small business solutions, which could lead to increased revenue.
5. **Financial Health**: ADP's financial health is robust, with a good overall financial health score and a history of maintaining dividend payments. This financial stability is a positive factor that can support the company's ability to continue delivering positive earnings surprises.

In conclusion, while there are no guarantees, the combination of ADP's consistent growth, analyst optimism, recent performance exceeding expectations, strategic initiatives, and strong financial health suggest that ADP has a strong likelihood of maintaining its streak of positive earnings surprises.