Earnings Outlook For Trinet Group

Trinet Group (NYSE:TNET) is gearing up to announce its quarterly earnings on Friday, 2024-10-25. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Trinet Group will report an earnings per share (EPS) of $1.31.

Investors in Trinet Group are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Earnings History Snapshot

The company's EPS beat by $0.25 in the last quarter, leading to a 0.0% drop in the share price on the following day.

Here's a look at Trinet Group's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.28

2.46

1.19

1.39

EPS Actual

1.53

2.16

1.60

1.91

Price Change %

2.0%

-17.0%

8.0%

1.0%

Trinet Group Share Price Analysis

Shares of Trinet Group were trading at $93.31 as of October 23. Over the last 52-week period, shares are down 10.92%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

Insights Shared by Analysts on Trinet Group

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Trinet Group.

A total of 4 analyst ratings have been received for Trinet Group, with the consensus rating being Buy. The average ...