TNET Earnings Prediction
The chart below shows how TNET performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TNET sees a +4.28% change in stock price 10 days leading up to the earnings, and a -0.15% change 10 days following the report. On the earnings day itself, the stock moves by -3.76%. This data can give you a slight idea of what to expect for the next quarter's release.
TNET Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.24B
1.23%
0.90%
Gross Margin
15.76%
-25.06%
-10.56%
Operating Margin
4.69%
-51.85%
-28.18%
Net Margin
3.64%
-52.67%
-25.56%
EPS
0.90
-44.44%
-23.73%
No Data Available
TNET Earnings Analysis
TRINET GROUP, INC. Corporation (TNET.N) Earnings Conference Call
Positive
Revenue Growth Amid Challenges: Total revenues grew 1% in the third quarter, reflecting a solid performance amidst challenging market conditions.
Workforce Growth Surge: The company finished the third quarter with approximately 356,000 works site employees, up 6% year-over-year, indicating strong workforce growth.
Strong Client Retention Performance: Client retention was strong and outperformed forecasts, with the company on pace to exceed its best historical annual retention rate.
Earnings Per Share Report: The company reported $0.89 in GAAP earnings per diluted share and $1.17 of adjusted net income per diluted share, both within the guidance range.
EBITDA and Cash Flow: The company generated $109 million of adjusted EBITDA and $213 million of corporate operating cash flows year-to-date, supporting its business and capital allocation.
Negative
Rising Health Care Costs: Increased health care costs adversely impacted overall financial performance this quarter, with a significant rise in claims costs.
Revenue Growth Slowdown: Total revenues grew only 1% this quarter, indicating a slowdown in growth compared to previous periods.
Operating Expenses Decline: Operating expenses declined by 1% year-over-year, but this was primarily due to cost-cutting measures rather than revenue growth.
Rising Insurance Costs: Insurance costs grew by 9% year-over-year, reflecting higher health care and pharmacy costs, which could strain future profitability.
Weak Customer Hiring Impact: Customer hiring was weak, with no meaningful contribution from new clients, leading to concerns about future revenue growth.
TNET FAQs
How does TNET typically perform around its earnings report dates?
Is TriNet Group, Inc. (TNET) Q3 2024 Earnings Call Summary positive or negative?
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TNET Earning Call Sentiment
TriNet Group, Inc. (TNET) Q3 2024 Earnings Call Transcript
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TNET.N
-4.65%Positive
The earnings call shows mixed signals: positive aspects include a slight revenue increase, strong retention, and effective cost management. However, insurance costs are rising, and earnings are below midpoint guidance. The Q&A reveals concerns about growth rates and cautious decision-making, impacting sentiment negatively. Share repurchases and dividends are positive but not enough to offset uncertainties. Overall, the sentiment is neutral due to balanced positive and negative factors.
