Stock Analysis
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- NYSE:NSP
Insperity First Quarter 2024 Earnings: EPS Beats Expectations
Insperity (NYSE:NSP) First Quarter 2024 Results
Key Financial Results
- Revenue: US$1.80b (up 1.8% from 1Q 2023).
- Net income: US$79.0m (down 17% from 1Q 2023).
- Profit margin: 4.4% (down from 5.3% in 1Q 2023). The decrease in margin was driven by higher expenses.
- EPS: US$2.11 (down from US$2.49 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Insperity EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%.
Looking ahead, revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Professional Services industry in the US.
Performance of the American Professional Services industry.
The company's shares are down 4.8% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Insperity that you should be aware of.
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Find out whether Insperity is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About NYSE:NSP
Insperity
Engages in the provision of human resources (HR) and business solutions to improve business performance for small and medium-sized businesses primarily in the United States.
Excellent balance sheet established dividend payer.