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Insperity Shares Slip After Q3 Results; 2024 Guidance Update
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Insperity Shares Slip After Q3 Results; 2024 Guidance Update
Oct 31, 2024 8:04 AM

10:30 AM EDT, 10/31/2024 (MT Newswires) -- Insperity ( NSP ) shares slipped by about 2% in recent Thursday trading after the company reported Q3 financial results and updated its full-year guidance.

The company reported Q3 adjusted earnings of $0.39 per diluted share, down from $1.46 a year earlier.

Analysts polled by Capital IQ expected $0.33.

Revenue for the quarter ended Sept. 30 was $1.56 billion, up from $1.55 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.56 billion.

The company said it expects Q4 results between an adjusted loss of $0.10 and adjusted EPS of $0.12. Analysts polled by Capital IQ are expecting $0.11.

For full-year 2024, Insperity ( NSP ) now expects adjusted EPS in a range of $3.42 to $3.66, compared with its previous forecast of $3.33 to $3.88. Analysts polled by Capital IQ expect $3.58.

Price: 80.35, Change: -0.76, Percent Change: -0.94

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