Trinet Group's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Trinet Group (NYSE:TNET) is expected to report an EPS of $1.19 in its upcoming quarterly earnings on February 15, 2024. Analysts and investors are looking for an earnings beat and positive guidance for future growth. Trinet has a history of beating EPS estimates, leading to positive stock price movements. The stock has seen a 26.79% increase over the last 52 weeks, trading at $111.68 as of February 12.
February 14, 2024 | 2:01 pm
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POSITIVE IMPACT
Trinet Group is anticipated to report a quarterly EPS of $1.19, with a history of surpassing estimates. Positive guidance could further uplift the stock, which has already seen a 26.79% increase over the past year.
Given Trinet Group's history of beating EPS estimates and the positive stock performance over the last year, it's likely that another earnings beat and/or positive future guidance could lead to a short-term increase in TNET's stock price. The historical data shows a clear pattern of stock price increases following earnings beats, suggesting a high relevance and importance of these earnings reports to TNET's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100