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TriNet Expects FY25 Adj. Profit, Revenue Below View, Stock Falls In Pre-Market

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

TriNet Group, Inc. (TNET), Thursday announced financial outlook for the fiscal year 2025, expecting adjusted profit of $3.25 to $4.75 per share.

The company sees profit per share of $1.90 to $3.40, and revenue between $4.9 billion and $5.1 billion for the same period.

Analysts, on average, estimate earnings of $5.52 per share, and revenue of $1.21 billion for the fiscal year 2025.

In the pre-market hours, TriNet's stock is trading at $75, down 18.59 percent on the New York Stock Exchange.

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