Published on 9 May 2024 on Zacks via Yahoo Finance
Insperity (NSP) Stock Barely Moves Despite Q1 Earnings Beat
Insperity, Inc. NSP reported mixed first-quarter 2024 results, wherein earnings surpassed the Zacks Consensus Estimate, while revenues missed the same.
NSP’s shares have barely moved since its earnings release on May 1 despite an earnings beat.
Adjusted earnings (excluding 19 cents from non-recurring items) of $2.27 per share outpaced the consensus estimate by 7.6% but declined 15% year over year. Revenues of $1.8 billion missed the Zacks Consensus Estimate by a slight margin but increased 1.8% from the year-ago quarter.