Insperity Third Quarter 2024 Earnings: EPS Beats Expectations

In This Article:

Insperity (NYSE:NSP) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$1.56b (flat on 3Q 2023).

  • Net income: US$3.00m (down 93% from 3Q 2023).

  • Profit margin: 0.2% (down from 2.9% in 3Q 2023).

  • EPS: US$0.07 (down from US$1.17 in 3Q 2023).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Insperity EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates.

Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in the US.

Performance of the American Professional Services industry.

The company's shares are up 1.6% from a week ago.

Risk Analysis

Be aware that Insperity is showing 3 warning signs in our investment analysis and 1 of those can't be ignored...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.