TriNet Announces Second Quarter Fiscal 2015 Results
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August 4, 2015 10:19 AM EDT
Piper 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
August 4, 2015 7:48 AM EDT
William 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.
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August 3, 2015 4:08 PM EDT
TriNet 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
