Insperity (NSP) Tops Q1 EPS by 27c, Beats on Revenues; Offers FY18 EPS Guidance Above Consensus
Insperity (NYSE: NSP) reported Q1 EPS of $1.41, $0.27 better than the analyst estimate of $1.14. Revenue for the quarter came in at $1.01 billion versus the consensus estimate of $988.25 million.
- Revenues up 15% on worksite employee growth of 12%
- Gross profit up 25% on strong pricing and direct cost trends
- Net income up 40% to $50.0 million
- Adjusted EBITDA up 34% to $83.8 million
- EPS up 39% to $1.18; adjusted EPS up 53% to $1.41
GUIDANCE:
Insperity sees FY2018 EPS of $3.36-$3.44, versus the consensus of $3.04.
For earnings history and earnings-related data on Insperity (NSP) click here.
