Insperity (NSP) Tops Q1 EPS by 27c, Beats on Revenues; Offers FY18 EPS Guidance Above Consensus

Insperity (NYSE: NSP) reported Q1 EPS of $1.41, $0.27 better than the analyst estimate of $1.14. Revenue for the quarter came in at $1.01 billion versus the consensus estimate of $988.25 million.

• Revenues up 15% on worksite employee growth of 12%
• Gross profit up 25% on strong pricing and direct cost trends
• Net income up 40% to $50.0 million
• Adjusted EBITDA up 34% to $83.8 million
• EPS up 39% to $1.18; adjusted EPS up 53% to $1.41

GUIDANCE:

Insperity sees FY2018 EPS of $3.36-$3.44, versus the consensus of $3.04.

For earnings history and earnings-related data on Insperity (NSP) click here.

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