Insperity (NSP) Tops Q2 EPS by 8c, Beats on Revenues

Insperity (NYSE: NSP) reported Q2 EPS of $0.68, $0.08 better than the analyst estimate of $0.60. Revenue for the quarter came in at $922.3 million versus the consensus estimate of $900.31 million.

“Our dynamic business model is continuing to generate impressive financial results,” said Paul J. Sarvadi, Insperity chairman and chief executive officer. “Insperity is poised for growth acceleration over the balance of the year and continued double-digit growth into 2019.”

“We once again had a strong quarter with accelerating worksite employee growth and effective management of gross profit and operating costs driving significant earnings growth,” said Douglas S. Sharp, senior vice president of finance, chief financial officer and treasurer. “Our momentum coming off of consecutive quarters of record high earnings results puts us in a position to raise our guidance for full year adjusted EPS growth to 42% to 44% over 2017.”

For earnings history and earnings-related data on Insperity (NSP) click here.

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