ADP Earnings, Revenue beat in Q3 By Investing.com

ADP (NASDAQ:ADP) reported on Wednesday third quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

ADP announced earnings per share of $1.89 on revenue of $4.10B. Analysts polled by Investing.com anticipated EPS of $1.79 on revenue of $4.08B.

ADP shares are up 11% from the beginning of the year and are trading at $195.89 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 10.31% 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 $1.38 on revenue of $5.73B, compared to forecasts EPS of $1.27 on revenue of $5.56B.

Verizon had beat expectations on April 21 with first quarter EPS of $1.31 on revenue of $32.9B, compared to forecast for EPS of $1.29 on revenue of $32.46B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar