TriNet Group First Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]
TriNet Group, Inc. (TNET)
Last trinet group, inc. earnings: 4/28 04:25 pm
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US:NYSE Investor Relations:
investor.trinet.com/investor-relations/default.aspx
Company Research
Source: Yahoo! Finance
Net income: US$91.0m (down 31% from 1Q 2023). Profit margin: 7.2% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses. EPS: US$1.78 (down from US$2.18 in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period TriNet Group Revenues and Earnings Miss Expectations Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) also missed analyst estimates by 16%. Looking ahead, revenue is expected to decline by 60% p.a. on average during the next 3 years, while revenues in the Professional Services industry in the US are expected to grow by 5.6%. Performance of the American Professional Services industry. The company's shares are down 18% from a week ago. Valuation TriNet Group's financial results now indicate the company's shares could present an opportunity based on 6 important indicators. Click here to find out what a fair price for the stock might be and where analysts see the share price heading
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TNET
News
- TriNet Wins Five Stevie Awards for PeopleForce 2023 and People Matter Campaign [Yahoo! Finance]Yahoo! Finance
- TriNet Wins Five Stevie Awards for PeopleForce 2023 and People Matter CampaignPR Newswire
- TriNet to Participate at Upcoming ConferencesPR Newswire
- TriNet Group, Inc. (NYSE:TNET) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- TriNet Group, Inc. (NYSE: TNET) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
TNET
Earnings
- 4/26/24 - Miss
TNET
Sec Filings
- 5/6/24 - Form 4
- 5/3/24 - Form 4
- 5/1/24 - Form 144
- TNET's page on the SEC website