Automatic Data Processing, Inc. Q1 2027 Earnings Recap

ADP shares fell 2.6% after earnings, a roughly flat reaction. The quarter included growth in revenue and adjusted EPS, while management maintained its full-year outlook.

Key Takeaways

• Management said first-quarter revenue growth, adjusted EBIT margin expansion and adjusted EPS growth all exceeded its expectations; the transcript provides no figures for those results.
• ADP said ADP Assist added 100,000 clients since the fourth quarter. Its Lyric recruiting AI interviewer has completed more than 4,400 interviews since early September, with a reported 75% reduction in interview-related time spent.
• Lyric HCM is now available to companies headquartered in the UK, France, Germany and the Netherlands.
• A client using Lyric HCM reported a 35% reduction in time to fill positions after changes to recruiting and HR workflows.