Automatic Data Processing Inc. (ADP) beat FY 2026 Q1 earnings expectations, with adjusted EPS at $2.49 and revenue at $5.20 billion, up 7.6% YoY. Despite this, the stock dropped 4% to $268, as margins in Employer and PEO services contracted. CEO Maria Black emphasized AI investments for future growth but maintained conservative guidance for the fiscal year.

Read more at Yahoo Finance: ADP Slips 4% After Reporting Q1 Earnings