Insperity Q3 2024 Adj. EPS $0.39 Beats $0.33 Estimate, Sales $1.561B Miss $1.564B Estimate
Portfolio Pulse from Benzinga Newsdesk
Insperity reported Q3 2024 earnings per share of $0.39, surpassing the expected $0.33, but its sales of $1.561 billion slightly missed the $1.564 billion estimate. Sales increased by 0.64% compared to the same period last year.
October 31, 2024 | 12:01 pm
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Insperity's Q3 2024 earnings per share exceeded expectations, but sales slightly missed estimates. Despite the sales miss, the earnings beat may positively influence short-term stock performance.
The positive earnings surprise, with EPS beating estimates by 18.18%, is likely to have a more significant impact on the stock price than the slight sales miss. Investors often react more strongly to earnings beats, which can drive short-term stock price increases.
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IMPORTANCE 80
RELEVANCE 100