HR outsourcing provider Insperity (NYSE:NSP) will be announcing earnings results this Monday after the bell. Here’s what you need to know.
Insperity met analysts’ revenue expectations last quarter, reporting revenues of $1.66 billion, up 3.3% year on year. It was a disappointing quarter for the company, with a significant miss of analysts’ full-year EPS guidance estimates.
This quarter, analysts are expecting Insperity’s revenue to grow 4.5% year on year to $1.63 billion, improving from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $0.22 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Insperity has missed Wall Street’s revenue estimates six times over the last two years.
Looking at Insperity’s peers in the professional services segment, some have already reported their Q3 results, giving us a hint as to what we can expect. ManpowerGroup delivered year-on-year revenue growth of 2.3%, beating analysts’ expectations by 0.7%, and Robert Half reported a revenue decline of 7.5%, in line with consensus estimates. ManpowerGroup traded down 11.4% following the results while Robert Half was also down 1.2%.
The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the professional services stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.8% on average over the last month. Insperity is down 10.6% during the same time and is heading into earnings with an average analyst price target of $57.75 (compared to the current share price of $44.12).
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