Trinet Group Q2 Adj EPS $1.74 Beats $1.35 Estimate, Sales $1.21B Beat $1.20B Estimate
Portfolio Pulse from Benzinga Newsdesk
Trinet Group (NYSE:TNET) reported Q2 adjusted earnings of $1.74 per share, beating the analyst consensus estimate of $1.35 by 28.89%. This is a 1.16% increase over earnings of $1.72 per share from the same period last year. The company also reported quarterly sales of $1.21 billion, beating the analyst consensus estimate of $1.20 billion by 0.75%. This is a 247.41% increase over sales of $348.00 million the same period last year.
July 26, 2023 | 8:19 pm
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POSITIVE IMPACT
Trinet Group's Q2 earnings and sales beat analyst estimates, which could lead to a positive short-term impact on the stock.
Trinet Group's Q2 earnings and sales exceeded analyst estimates, which is typically seen as a positive signal by the market and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100