Insperity (NSP) Tops Q2 EPS by 14c, Updates Guidance
Insperity (NYSE: NSP) reported Q2 EPS of $0.82, $0.14 better than the analyst estimate of $0.68. Revenue for the quarter came in at $796 million versus the consensus estimate of $778.88 million.
2017 Guidance
The company also announced its updated guidance for 2017, including the third quarter of 2017. Please refer to the accompanying financial tables at the end of this press release for the reconciliation of non-GAAP financial measures to the comparable GAAP financial measures.
| Q3 2017 | Full Year 2017 | ||||||||||||||||||
| Average WSEEs | 187,500 | — | 188,300 | 184,000 | — | 186,000 | |||||||||||||
| Year-over-year increase | 11.0% | — | 11.5% | 11.0% | — | 12.0% | |||||||||||||
| Adjusted EPS | $0.94 | — | $1.00 | $4.47 | — | $4.60 | |||||||||||||
| Year-over-year increase | 20.5% | — | 28.2% | 24.5% | — | 28.1% | |||||||||||||
| Adjusted EBITDA (in millions) | $37.5 | — | $39.5 | $169.0 | — | $173.0 | |||||||||||||
| Year-over-year increase | 19.8% | — | 26.2% | 19.7% | — | 22.5% | |||||||||||||
| | |||||||||||||||||||
(Street sees Q3 EPS of $1.02 and FY EPS of $4.33)
For earnings history and earnings-related data on Insperity (NSP) click here.