Shares of human resources and business performance solutions provider Insperity, Inc. (NSP) are rising more than 8% Monday morning on better-than-expected third-quarter results.
In the third quarter, the company reported net income of $19.91 million or $0.51 per share compared with $25.58 million or $0.63 per share in the same quarter a year ago.
Adjusted EPS of $0.91 beat the average estimate of analysts polled by Thomson Reuters at $0.45.
Revenue for the quarter decreased to $1.008 billion from $1.043 billion last year. The consensus estimate was for $980.09 million.
For the fourth quarter, the company expects adjusted earnings to be in the range of $0.20- $0.38. Analysts see earnings of $0.21 per share for the quarter.
For the full-year, adjusted earnings are expected between $4.35 and $4.53. The consensus estimate stands at $4.2 billion.
Insperity shares are at $83.43 and have been trading in the range of $22.59- $107.69 in the past 52 weeks.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.