Earnings call briefFiscal first-quarter 2027
Automatic Data Processing raises fiscal 2027 client funds interest forecast
The company also said it now forecasts Employer Services pays per control growth of around 1% for fiscal 2027, improved from a prior outlook of 0% to 1%.
GetSignal Automatic Data Processing ADP
Automatic Data Processing said on its fiscal first-quarter call that it now forecasts fiscal 2027 client funds interest revenue of $1.59 billion to $1.61 billion, up $50 million. It now expects average client funds balances growth of 4% to 5% and an average client funds yield of about 3.8%. It also raised its extended investment strategy net impact outlook by $45 million to the same range.
Quotes from the call
“As a result of our raised average client funds balances growth and raised yield expectations, we have increased our full year client funds interest revenue forecast by $50 million to a range of $1.59 billion to $1.61 billion.”
Key facts from the call
- Fiscal 2027 client funds interest revenue outlook
- $1.59 billion to $1.61 billion
- Change in client funds interest revenue outlook
- Up $50 million
- Fiscal 2027 average client funds balances growth outlook
- 4% to 5%
- Fiscal 2027 Employer Services pays per control growth outlook
- Around 1%, improved from 0% to 1%
Source: Automatic Data Processing's fiscal first-quarter 2027 earnings call, October 28, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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