LOGO
LOGO

Earnings News

Insperity Adj. Earnings Beat Estimates; Stock Up In Pre-market

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Insperity, Inc. (NSP), a provider of human resources and business performance solutions, Monday reported a net loss for the fourth quarter compared with profit in the year-ago period, primarily impacted by stock based compensation of $14 million. Excluding one-time items, adjusted earnings beat analysts' expectations. The company's shares were more than 9 percent up in pre-market.

Insperity posted net loss of $9 million or $0.22 per share for the fourth quarter, compared with net income of $19 million or $0.52 per share in the same quarter a year ago.

Adjusted earnings were $1 million or $0.05 per share, above the consensus estimate of $0.02 per share. Analysts' estimates typically exclude special items.

Operating loss was $15 million versus operating income of $23 million last year.

Revenue for the quarter grew 2 percent to $1.613 billion from $1.580 billion in the previous year. The Street was looking for $1.6 billion.

For the first quarter, the company expects EPS of $1.61 - $1.87, and adjusted EPS of $1.89 - $2.15. The consensus estimate is for $2.02.

For the full year, EPS is expected between $1.87 and $2.72, and adjusted EPS of $3.10 - $3.95. Analysts expect earnings of $3.67 per share for the year.

Insperity stock had closed at $69.60, down 2.56 percent on Friday. It has traded in the range of $68.79 - $110.72 in the last 1 year.

For comments and feedback contact: editorial@rttnews.com

Business News

Looking to Invest in the Best Biotech Stocks? Subscribe to RTT Biotech Investor.
Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

Latest Updates on COVID-19