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Non-Tech : Automatic Data Processing (ADP)

ADP 260.30

-0.5%

Oct 31 9:30 AM EDT

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From: JakeStraw	7/26/2005 8:31:23 AM
	of 70

Market Pulse: Automatic Data sees FY06 EPS growth of 15-20% biz.yahoo.com Tuesday July 26, 8:20 am ET By Michael Baron NEW YORK (MarketWatch) -- Automatic Data Processing Inc. Tuesday reported fourth-quarter earnings of $258.8 million, or 44 cents a share, up from a year-ago profit of $211.9 million, or 36 cents a share. Revenue rose 10% in the latest three months to $2.3 billion from $2.1 billion in the same period a year earlier. The average estimate of analysts polled by Thomson First Call was for a profit of 44 cents a share in the June period. Looking ahead, the Roseland, N.J., provider of transaction processing and information technology products and services forecast earnings per share growth of 15% to 20% in fiscal 2006.

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