ADP Delivers Strong Q4 Results; AI-Driven Outlook Supports Upside
Jul 29, 2026, 12:32 PM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Beats and raised guidance typically prompt multiple expansion; AI initiatives provide optionality and longer-term upside, evidenced by +6% intraday move and strong book-to-bill signals in commentary.
AI summary
What happened, with direct paths to the underlying reporting
ADP posted a better-than-expected Q4 with $5.47B in revenue and $2.64 in adjusted EPS, up 7% YoY. Employer Services and PEO each grew 7%, while AI-enabled tools and partnerships bolster the 2027 outlook. The company guided to 5-6% revenue growth and EPS of $12.12-$12.34, supported by higher retention and robust demand for HCM solutions.
Revenue +7% YoY; Employer Services and PEO each +7%.
AI tools and partnerships boost productivity; retention at 92.1%.
FY2027 outlook: revenue +5-6% to $23.04-23.26B; EPS $12.12-12.34.
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