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HOUSTON - Insperity, Inc. (NYSE: NYSE:NSP) saw its stock jump 6.3% after the human resources and business performance solutions provider reported better-than-expected fourth quarter results and issued in-line guidance for 2025.
The company reported adjusted earnings per share of $0.05 for Q4, beating analyst estimates of $0.02. Revenue came in at $1.61 billion, slightly above the consensus forecast of $1.6 billion. However, revenue was up just 2% YoY while the average number of worksite employees paid per month decreased 2% to 309,093.
For the full year 2024, Insperity’s revenue increased 1% to $6.6 billion. Adjusted earnings per share were $3.58, down from $5.52 in 2023.
Looking ahead, Insperity expects Q1 EPS of $1.89-$2.15, in line with the $2.02 consensus. For the full year 2025, Insperity forecasts EPS of $3.10-$3.95, compared to analyst estimates of $3.67.
"We are pleased with our fourth quarter and full year 2024 results including an exceptional year-end sales and client retention campaign, accomplishing an important growth inflection point entering the new year," said Paul J. Sarvadi, Insperity’s chairman and CEO. "We expect to build on this momentum with growth acceleration in 2025."
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