TriNet Group (TNET) Tops Q2 EPS by 75c

July 26, 2021 4:18 PM EDT

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TriNet Group (NYSE: TNET) reported Q2 EPS of $1.56, $0.75 better than the analyst estimate of $0.81. Revenue for the quarter came in at $1.1 million versus the consensus estimate of $236.27 million.

Third Quarter and Full-Year 2021 Guidance

In addition to announcing our second quarter 2021 results, we provide our third quarter and full-year 2021 guidance. Non-GAAP financial measures are reconciled later in this release. Percentages reflect the increase or (decrease) from the prior year quarter and prior year end.

Q3 2021

Full Year 2021

Low

High

Low

High

Total Revenues

15

%

17

%

10

%

12

%

Professional Service Revenues

15

%

20

%

13

%

15

%

Net Insurance Margin

8.5

%

10.5

%

11.5

%

12.5

%

Ratio of Insurance Costs to Insurance Service Revenues

91.5

%

89.5

%

88.5

%

87.5

%

Diluted net income per share of common stock

$

0.48

$

0.72

$

3.60

$

4.03

Adjusted Net Income per share - diluted

$

0.62

$

0.87

$

4.25

$

4.70

For earnings history and earnings-related data on TriNet Group (TNET) click here.



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