the 4 AAA rated S&P 500 companies:
Exxon, Microsoft, Johnson & Johnson, Automatic Data Processing
November 2, 2012 10am est.
Friday Morning Call: STRONG SELL (NYSE: ADP) $59.36
Automatic Data Processing, Inc.
Operational Cash Flow per share (OPS) declined 121% year over year
1st Quarter 2013 financials filed with Securities & Exchange Commission on November 2,2012 @ 9:22am est.
After 72 consecutive quarters (18 years) reporting positive operational cash flow, ADP disclosed FY2013 1st Quarter Operational Cash flow of NEGATIVE $65 million!
Stockdiagnostics has ranked ADP with a "1" (highest ranking) for 72 consecutive quarters until this morning's downgrade to a "2" ranking.T
ADP reported negative $65 million in Operational Cash flow down from $316 million a year ago for the comparable 1st quarter.
Earnings Per share vs. Operational Cash Flow per share
1Q 2012 ADP had a positive $0.04 OPS spread. EPS $0.61 vs. OPS $0.65
1Q 2013 ADP had a negative $0.76 OPS Spread. EPS $0.63 vs. OPS -$0.13
Operational Cash Flow trailing 12 months declined 15%
TTM ending 9/30/2012 : $1.528 billion
OPS Multiple Trailing Twelve Month
9/30/2011 TTM 3Q 2011 $3.71 OPS X 13
9/30/2012 TTM 3Q 2012 $3.14 OPS X 19
Stockdiagnostics Chart with ADP Operational Cash Flow Statistics
Archive posts of ADP on EquitiesResearch.com
shares outstanding 485,473,927
**from 10Q for September 30,2012 quarter