and Carlos, morning, everyone. good Thank you,
expectations. Our organic of fourth solidly basis represented reported XX% growth constant X% an a basis, revenue to quarter currency growth our with strong the on year, a close and on ahead
compare And drove reminder, decline. selling Our pressure lower comparison that expenses better we comparative adjusted the versus year’s compensation and as -- expected. have EBIT margin was points down did some XXX basis than a last incentive
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quarterly performance. so our color We guidance of bookings will do will and provide continue annual we industry quarterly guidance to update as best ES disclosure our the course bookings remains We believe an bookings and practice. year we on to continue full
clients we’re that ES seeing expect not to behavior. retention, from an switching we on our any specific yet increase Moving should in indications
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point, year, product, leverage are expenses higher also investment operating we did service. As continuing more a and starting we XXXX fully in than recognizing in and benefiting steady from sales our implementation fiscal while last
utilization of other initiatives and transformation our margin efficiencies incremental improve the digital continue as XXXX, throughout benefit digital continuation expect we in increase fiscal from tools the organization. of we the to to Additionally,
by as expenses. in facilities year-over-year other the transformation offset However, is T&E a benefit initiatives well our higher to as largely from and increase to Office expected Return be expenses,
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growth this basis with selling We basis basis XXXX. results outlook quarter to is the XX XX expansion driven and an is in very of some points above fiscal compared partly the we points XXXX Putting the XX expect time, to just comparison the our consolidated remaining PEO stronger EBIT our of in together, X% because assumption three margin quarters adjusted margin margin sales to prior basis year, differences in to in fiscal down to This growth for the for for by fiscal growth expect revenue associated XXXX guidance outlook XX points the to points. At range, first expenses. have revenue be is range. strong in it and X%
We the half, of coming expect down adjusted slightly margin first in later EBIT in of part year. flat the the most margin with to expansion the
tax in XXXX fiscal improve to rate the assuming We effective change year, corporate no slightly tax expect next XX.X% rate. for about our to very
of Our expense. corporate additional outlook also interest reflects the impact
adjusted repurchases. have would further in and by the level repurchases, of of interest also expense, contemplating billion our we additional to share by we about over XXXX $XX quarters. expense XX%. Net incremental run tax beyond which X% repurchases seven-year same of capital $X share million quarter, growth EPS enhanced to time, accretive count in use with proceeds the the about rate higher additional full million expected notes. This issuing in coming we’re At we planning typical for a in interest XXXX. $X diluted driven achieve, fourth share reduction of lower in in expect The During added structure fiscal we’re fiscal our our this to rate share the
a a are pandemic, XXXX, as enter around we despite the signs well growth we encouraged economy, the secular HCM. ongoing continuing global recovery in fiscal trends the challenges very As by the the year of continued in as
the forward a our world ourselves differentiating back Q&A. we for look turn clients it very believe evolves, of I’ll for to We updating on adding and work progress. continue we our value the to in As Operator now you to over are well-positioned market.
