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Insperity Shares Rise After Higher Q1 Revenue, 2024 Adjusted EPS Outlook
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Insperity Shares Rise After Higher Q1 Revenue, 2024 Adjusted EPS Outlook
May 1, 2024 7:29 AM

10:01 AM EDT, 05/01/2024 (MT Newswires) -- Insperity ( NSP ) shares were up 0.1% in early trading Wednesday after the company posted higher Q1 revenue from a year earlier and raised its full-year 2024 adjusted EPS outlook.

The company reported Q1 adjusted earnings of $2.27 per share, down from $2.67 a year earlier.

Four analysts polled by Capital IQ expected $2.13.

Revenue for the quarter ended March 31 was $1.80 billion, up from $1.77 billion a year earlier.

Three analysts surveyed by Capital IQ expected $1.81 billion.

For Q2, the company said it expects adjusted EPS in the range of $0.61 to $0.83. Four analysts polled by Capital IQ expect $0.69.

The company said it now expects full-year 2024 adjusted EPS in the range of $3.17 to $3.90, up from its prior range of $3.02 to $3.88. Four analysts surveyed by Capital IQ expect $3.52.

Price: 103.04, Change: +0.11, Percent Change: +0.11

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