Earnings Outlook For Trinet Group
Portfolio Pulse from Benzinga Insights
Trinet Group (NYSE:TNET) is set to announce its quarterly earnings on October 25, 2024. Analysts estimate an EPS of $1.31. The company's past performance shows mixed results, with a recent EPS beat not affecting share price. Analysts rate Trinet as a 'Buy' with a price target of $121.5, indicating a potential 30.21% upside. Trinet's financial metrics, such as gross profit and return on equity, are strong compared to peers, but its high debt-to-equity ratio poses a risk.
October 24, 2024 | 2:01 pm
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Trinet Group is expected to announce its quarterly earnings with an estimated EPS of $1.31. Analysts have a 'Buy' rating with a price target of $121.5, suggesting a potential upside. The company's strong financial metrics are offset by a high debt-to-equity ratio.
The upcoming earnings announcement is a significant event for Trinet Group, with analysts expecting a positive EPS. The 'Buy' rating and price target suggest potential stock price appreciation. However, the high debt-to-equity ratio introduces financial risk, which could affect investor sentiment.
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