TriNet Announces Fourth Quarter and Fiscal Year 2020 Results
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TriNet Group (TNET) Tops Q4 EPS by 19c, Revenues Beat; Offers 1Q EPS Above Consensus, FY21 EPS Outlook
February 16, 2021 4:32 PM ESTTriNet Group (NYSE: TNET) reported Q4 EPS of $0.44, $0.19 better than the analyst estimate of $0.25. Revenue for the quarter came in at $221 million versus the consensus estimate of $195.57 million.
Fourth quarter highlights include:
Total revenues increased 4% to $1.1 billion and Net Service Revenues decreased 2% to $221 million, as compared to the same period last year.Net income was $22 million, or $0.32 per diluted share, compared to net... More