ADP Trading Volume Plummets 51.65 Percent Ranking 234th in Daily Volume
On April 1, 2025, Automatic Data ProcessingADP--, Inc. (ADP) saw a significant drop in trading volume, with a total of 3.67 billion shares traded, marking a 51.65% decrease from the previous day. This decline placed ADPADP-- at the 234th position in terms of trading volume for the day.
ADP, a leading global provider of Human Capital Management (HCM) solutions, is set to release its financial results for the third fiscal quarter ending March 31, 2025. The company will announce these results before the Nasdaq market opens on April 30, 2025. A conference call is scheduled for 8:30 a.m. ET on the same day to discuss the financial performance. Key participants in the call will include Maria Black, President & Chief Executive Officer, Don McGuire, Chief Financial Officer, and Matthew Keating, Vice President of Investor Relations.
ADP has transitioned from publishing financial results over a news wire service to posting them on the Investor Relations section of its website. An alert will be issued over a news wire to indicate the availability of the earnings materials, which will include a link to the documents. Investors and interested parties can listen to the conference call and view the accompanying slide presentation via a live webcast on ADP's website.
In the third quarter of fiscal year 2024, ADP reported robust financial performance with revenue reaching $5.3 billion, a 7% increase from the previous year. The company's earnings per share for the quarter were $2.35, surpassing analysts' consensus estimates of $2.30 by $0.05. This strong performance is likely to influence investor sentiment and potentially impact the stock price in the coming days.
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