Automatic Data Processing Inc Q2 2023 Earnings Call Transcript - Thomson StreetEvents

Automatic Data Processing Inc Q2 2023 Earnings Call Transcript

Automatic Data Processing Inc Q2 2023 Earnings Call Transcript - Thomson StreetEvents
Automatic Data Processing Inc Q2 2023 Earnings Call Transcript
Published Jan 25, 2023
Published Jan 25, 2023
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About This Report

  
Abstract:

Edited Transcript of ADP.OQ earnings conference call or presentation 25-Jan-23 1:30pm GMT

  
Report Type:

Transcript

Source:
Company:
Automatic Data Processing Inc
Ticker
ADP.OQ
Time
1:30pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Eugene M. Simuni - MoffettNathanson LLC - Analyst : I wanted to ask about ES bookings. So it sounds like a positive commentary, strong performance there. I think you called out international as coming back strong versus last quarter and also downmarket. Can you talk a little bit about the mid-market? How are the trends there? And yes, I think the REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. JANUARY 25, 2023 / 1:30PM, ADP.OQ - Q2 2023 Automatic Data Processing Inc Earnings Call key question in everybody's mind is, are you seeing any signs of macro pressure on bookings as companies potentially pulling back their tech spending?


Question: Eugene M. Simuni - MoffettNathanson LLC - Analyst : Got it. Got it. Very helpful. And then a quick follow-up for me on pays per control. Your number was very strong this quarter we thought, out from your expectations. But also keeps outperforming by 1 point or 2, kind of the broad measures of labor market growth in the U.S. like nonfarm payrolls. Remind us what's the driver of that? And how sustainable is that as the overall labor market slows down? Can you maintain that 1 to 2-point premium?

Table Of Contents

Automatic Data Processing Inc at TD Cowen Technology, Media & Telecom Conference Summary – 2023-05-31 – US$ 54.00 – Edited Brief of ADP.OQ presentation 31-May-23 12:30pm GMT

Automatic Data Processing Inc at JPMorgan Global Technology, Media and Communications Conference Transcript – 2023-05-22 – US$ 54.00 – Edited Transcript of ADP.OQ presentation 22-May-23 12:00pm GMT

Automatic Data Processing Inc Q3 2023 Earnings Call Summary – 2023-04-26 – US$ 54.00 – Edited Brief of ADP.OQ earnings conference call or presentation 26-Apr-23 12:30pm GMT

Automatic Data Processing Inc Q3 2023 Earnings Call Transcript – 2023-04-26 – US$ 54.00 – Edited Transcript of ADP.OQ earnings conference call or presentation 26-Apr-23 12:30pm GMT

Automatic Data Processing Inc Q2 2023 Earnings Call Summary – 2023-01-25 – US$ 54.00 – Edited Brief of ADP.OQ earnings conference call or presentation 25-Jan-23 1:30pm GMT

Automatic Data Processing Inc at JPMorgan Ultimate Services Conference Summary – 2022-11-17 – US$ 54.00 – Edited Brief of ADP.OQ presentation 17-Nov-22 2:10pm GMT

Automatic Data Processing Inc at JPMorgan Ultimate Services Conference Transcript – 2022-11-17 – US$ 54.00 – Edited Transcript of ADP.OQ presentation 17-Nov-22 2:10pm GMT

Automatic Data Processing Inc Q1 2023 Earnings Call Summary – 2022-10-26 – US$ 54.00 – Edited Brief of ADP.OQ earnings conference call or presentation 26-Oct-22 12:30pm GMT

Automatic Data Processing Inc Q1 2023 Earnings Call Transcript – 2022-10-26 – US$ 54.00 – Edited Transcript of ADP.OQ earnings conference call or presentation 26-Oct-22 12:30pm GMT

Automatic Data Processing Inc at Citi Global Technology Conference Transcript – 2022-09-07 – US$ 54.00 – Edited Transcript of ADP.OQ presentation 7-Sep-22 5:00pm GMT

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MLA:
Thomson StreetEvents. "Automatic Data Processing Inc Q2 2023 Earnings Call Transcript" Jan 25, 2023. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2023-Automatic-Data-Processing-Inc-Earnings-Call-T15425040>
  
APA:
Thomson StreetEvents. (2023). Automatic Data Processing Inc Q2 2023 Earnings Call Transcript Jan 25, 2023. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2023-Automatic-Data-Processing-Inc-Earnings-Call-T15425040>
  
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