Automatic Data Processing Inc (NAS:ADP)

$ 296.46 2.31 (0.79%) Market Cap: 119.85 Bil Enterprise Value: 121.81 Bil PE Ratio: 31.39 PB Ratio: 22.42 GF Score: 95/100

Automatic Data Processing Inc at Deutsche Bank Virtual Technology Conference Transcript

Sep 15, 2020 / 01:40PM GMT

Release Date Price: $136.97 (+0.29%)

Transcript

Bryan Connell Keane

Deutsche Bank AG, Research Division - Research Analyst

Good morning, (inaudible) business analyst at Deutsche Bank. And we're really excited to have the CFO of ADP, Kathleen Winters, with us to do a virtual fireside chat. Format for the call will be I will ask Kathleen some of the questions. And then from there, you can also enter questions in the portal or you can e-mail me any extra questions to my e-mail at [email protected].

Questions & Answers

Bryan Connell Keane

Deutsche Bank AG, Research Division - Research Analyst

So with that, I'll turn it over to you, Kathleen. And maybe we could just start out and start a little bit kind of high -- big picture here. How would you characterize the recovery? And on the earnings call, I know you mentioned that the pace of recovery slowed a little bit. So maybe we can walk through some of the cadence of kind of where we were from the trough to where we are now?

Kathleen A. Winters

Automatic Data Processing, Inc. - Corporate VP & CFO

Sure.

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