Insperity Earnings: Here’s Why Shares are Up Now

Insperity (NYSE:NSP) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 0.76%.

Insperity Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 9.09% to $0.24 in the quarter versus EPS of $0.22 in the year-earlier quarter.

Revenue: Rose 5.4% to $547.3 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Insperity reported adjusted EPS income of $0.24 per share. By that measure, the company beat the mean analyst estimate of $0.21. It beat the average revenue estimate of $546.9 million.

Quoting Management: “We are pleased with these strong second quarter financial results achieved while growing the number of Business Performance Advisors by 20% over the first quarter,” said Paul J. Sarvadi, Insperity chairman and chief executive officer. “Corresponding sales activity is ramping up commensurately, including leads, opportunities to bid and sales of business performance solutions in our adjacent businesses. These activities lay the groundwork for a strong fall selling season and accelerating growth into 2014.”

Key Stats (on next page)…

Revenue decreased 10.55% from $611.84 million in the previous quarter. EPS decreased 52.94% from $0.51 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.45 and has not changed. For the current year, the average estimate is a profit of $1.54, which is the same with that ninety days ago.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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