NYSE$NSP

Insperity Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported results for the third quarter ended Sep. 30, 2020.

Insperity's Q3 2020 results showed a decrease in revenue by 3% to $1.0 billion, but an increase in gross profit by 8% to $185.0 million. Net income was $20 million, with diluted EPS at $0.51. Adjusted EPS increased by 21% to $0.91, and adjusted EBITDA increased by 13% to $57.6 million.

  • Q3 net income and diluted EPS of $20 million and $0.51, respectively
  • Q3 adjusted EPS up 21% to $0.91
  • Q3 adjusted EBITDA up 13% to $58 million
  • Average number of worksite employees paid per month in Q3 2020 increased 1.7% sequentially over the Q2 period to 231,750.

Headline financials

Total Revenue

$1.01B

Previous: $1.04B-3.4%
EPS (adj)

$0.91

Previous: $0.75+21.3%
Average Worksite Employees Paid

231.8K

Previous: 240.9K-3.8%
Capital Expenditures

-$68.8M

Previous: -$36M-91.2%
Free Cash Flow

-$48.8M

Previous: -$10.1M-382.4%
Net Income

$20M

Previous: $25.9M-22.6%
Operating Income

$28.8M

Previous: $34.7M-17.2%
Gross Profit

$185M

Previous: $171M+8.5%
Cash & Equivalents

$372M

Previous: $243M+53.0%
Total Assets

$1.52B

Previous: $1.29B+17.9%

Revenue & EPS history

Insperity · Revenue · Quarterly

$1.01B

Q3 2020-3.4%vs Q3 2019
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

The company also announced its updated guidance for 2020, including the fourth quarter of 2020.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2020

Historical avgQ3 2020

-1.2%

Avg return

Earnings day

-2.5%

Avg return

5 days after

-2.1%

Avg return

30 days after

50%

34 / 68 earnings

Positive

+17.6%

Q1 2016

Best reaction

-34.2%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.4%-23.2%-7.8%
Q4 2025-10.9%-23.7%-40.0%
Q3 2025-18.0%-24.9%-20.3%
Q1 2025-14.5%-14.9%-17.1%
Q4 2024+16.2%+26.0%+26.0%
Q3 2024-7.3%-5.9%-2.8%
Q2 2024-6.9%-9.1%-8.5%
Q1 2024+0.2%-0.2%-8.0%
Q4 2023-14.8%-18.4%-10.7%
Q3 2023+7.8%+12.5%+17.9%
Q2 2023-18.1%-20.0%-13.9%
Q1 2023+1.6%+2.3%-8.0%
Q4 2022+5.6%+6.6%+6.1%
Q3 2022+12.6%+5.7%+10.6%
Q2 2022-0.8%-0.4%-0.7%
Q1 2022+9.6%+7.2%-0.5%
Q4 2021-17.0%-14.6%-21.5%
Q3 2021-1.4%-2.6%-9.8%
Q2 2021+1.4%+2.9%+11.6%
Q1 2021+0.4%+1.5%+1.4%
Q4 2020-9.3%-12.5%+6.7%
Q3 2020+11.0%+13.5%+13.5%
Q2 2020+3.9%+4.4%+4.1%
Q1 2020+12.6%+15.4%+22.3%
Q4 2019-17.1%-15.0%-41.9%
Q3 2019-34.2%-36.0%-28.1%
Q2 2019-26.4%-29.1%-33.7%
Q1 2019-2.4%-1.0%-7.8%
Q4 2018+12.1%+17.0%+11.4%
Q3 2018+1.2%+3.2%-8.9%
Q2 2018+7.0%+11.9%+26.0%
Q1 2018+7.7%+8.3%+19.9%
Q4 2017+7.5%+10.0%+20.5%
Q3 2017+8.4%+9.9%+20.7%
Q2 2017+11.0%+11.6%+6.4%
Q1 2017-4.7%-9.3%-17.4%
Q4 2016+15.5%+14.9%+22.7%
Q3 2016-13.6%-10.0%-5.5%
Q2 2016-12.8%-12.8%-16.5%
Q1 2016+17.6%
Q4 2015+12.6%
Q3 2015-7.1%
Q2 2015-6.0%
Q1 2015+11.9%
Q4 2014+8.1%
Q3 2014+4.0%
Q2 2014-4.5%
Q1 2014-1.1%
Q4 2013-15.7%
Q3 2013-8.7%
Q2 2013+1.3%
Q1 2013+0.5%
Q4 2012-16.1%
Q3 2012+7.1%
Q2 2012-8.6%
Q1 2012-7.9%
Q4 2011+3.7%
Q3 2011-1.8%
Q2 2011-6.4%
Q1 2010+6.4%
Q1 2011+1.7%
Q4 2008-2.3%
Q4 2010-2.3%
Q3 2009+6.4%
Q3 2010+6.4%
Q2 2010-3.2%
Q4 2009-3.2%
Q2 2009-3.2%

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