TriNet Announces Fourth Quarter, Fiscal Year 2015 Results & $50 Million Increase to Stock Repurchase Program
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Jefferies Cuts Price Target on TriNet Group (TNET) After Updating Estimates
March 2, 2016 9:57 AM ESTJefferies maintained a Hold rating on TriNet Group (NYSE: TNET), and cut the price target to $14.00 (from $19.00), following the company's 4Q. Jefferies updated C16 revenues and adjusted EPS estimates for the company. New estimates are $622.7M for revenue, with an EPS of $1.18, vs. $638.4M/$1.22... More
TriNet Group (TNET) Reports In-Line Q4 EPS; to Delay 10-K, Increases Buyback
February 29, 2016 4:46 PM ESTTriNet Group (NYSE: TNET) reported Q4 EPS of $0.31, in-line with the analyst estimate of $0.31. Revenue for the quarter came in at $149 million versus the consensus estimate of $151.87 million.
Stock repurchase program increased by $50 million.
TriNet also announced that they will file a Form 12b-25 with the SEC today providing for a fifteen (15) calendar day extension for its Annual Report on... More
