TriNet Announces Second Quarter Fiscal 2015 Results
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Piper Jaffray Cuts Price Target on TriNet Group (TNET) to $22 Following 2Q EPS Miss
August 4, 2015 10:19 AM EDTPiper Jaffray maintained a Neutral rating on TriNet Group (NYSE: TNET), and cut the price target to $22.00 (from $33.00), following 2Q15 results. EPS of $0.14 missed the Street's $0.27. Management lowered full-year revenue guidance by $25M.
Analyst George Tong commented, "Claims expense visibility remains diminished at TriNet,... More
William Blair Downgrades TriNet Group (TNET) to Market Perform
August 4, 2015 7:48 AM EDTWilliam Blair downgraded TriNet Group (NYSE: TNET) from Outperform to Market Perform.
For an analyst ratings summary and ratings history on TriNet Group click here. For more ratings news on TriNet Group click here.
Shares of TriNet Group closed at $26.69 yesterday.
... MoreTriNet Group (TNET) Misses Q2 EPS by 13c
August 3, 2015 4:08 PM EDTTriNet Group (NYSE: TNET) reported Q2 EPS of $0.14, $0.13 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $122 million versus the consensus estimate of $137.55 million.
"We delivered double digit growth in our WSE base and professional service revenues during the second quarter,... More
