8-KOther Events

AUTOMATIC DATA PROCESSING INC 8-K Report (Mar 13, 2003)

Filed March 13, 2003For Securities:ADP

Summary

Automatic Data Processing, Inc. (ADP) filed an 8-K on March 13, 2003, primarily to disclose revised financial guidance for fiscal year 2003. The company announced updated revenue and earnings per share (EPS) projections. This filing is important for investors as it provides an outlook that may impact their investment decisions. The press release attached as an exhibit (Exhibit 99.1) contains the specific details of the revised guidance. Investors should review this press release carefully to understand the magnitude of the changes and the company's expectations for the remainder of fiscal 2003.

Key Highlights

  • 1ADP filed an 8-K on March 13, 2003.
  • 2The report's primary purpose was to announce revised financial guidance for fiscal year 2003.
  • 3Revised revenue and earnings per share (EPS) guidance for fiscal 2003 were disclosed.
  • 4The information was provided via a press release dated March 13, 2003, attached as Exhibit 99.1.
  • 5The filing falls under Regulation FD disclosure, meaning the information is furnished and not deemed 'filed' for Section 18 purposes unless specifically incorporated by reference.
  • 6The press release likely details specific figures for the revised guidance, crucial for investor analysis.

Frequently Asked Questions

The main purpose of this 8-K filing by ADP on March 13, 2003, is to publicly disclose revised financial guidance for its fiscal year 2003, specifically concerning revenue and earnings per share (EPS).

The detailed information regarding the revised revenue and EPS guidance for fiscal year 2003 is contained in the press release dated March 13, 2003, which is included as Exhibit 99.1 to this 8-K filing.

This specific 8-K filing primarily provides forward-looking guidance and outlook updates. While these projections inform investors about the company's expectations, they do not constitute audited financial statements. The actual financial results will be reported in subsequent SEC filings like the 10-Q and 10-K.

Under Regulation FD, information furnished in this manner is made available to the public to prevent selective disclosure. It means the information is not considered 'filed' for purposes of Section 18 of the Exchange Act, which could lead to liability for misstatements in filed documents. However, it is still considered important information for investors.