Automatic Data Processing Inc. Q2 adjusted earnings of $1.34 per share

(RTTNews) - Automatic Data Processing Inc. (ADP) announced a profit for second quarter that dropped from the same period last year.

The company's profit came in at $558.2 million, or $1.27 per share. This compares with $670.4 million, or $1.51 per share, in last year's second quarter.

Excluding items, Automatic Data Processing Inc. reported adjusted earnings of $586.8 million or $1.34 per share for the period.

The company's revenue for the quarter rose 8.3% to $3.51 billion from $3.24 billion last year.

Automatic Data Processing Inc. earnings at a glance:

-Earnings (Q2): $586.8 Mln. vs. $456.4 Mln. last year. -EPS (Q2): $1.34 vs. $1.03 last year. -Revenue (Q2): $3.51 Bln vs. $3.24 Bln last year.