NYSE$NSP

Insperity Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Insperity's Q3 2024 financial performance reflected a mix of revenue growth and profitability challenges.

Insperity reported a 1% increase in revenue to $1.6 billion, driven by a 3% increase in revenue per WSEE, offset by a 2% decrease in paid WSEEs. Net income was $3 million, with diluted EPS at $0.07, while adjusted EPS was $0.39. The average number of WSEEs paid decreased by 2% year-over-year to 309,088.

  • Q3 average number of WSEEs paid decreased 2% year-over-year.
  • Q3 net income was $3 million; diluted EPS was $0.07.
  • Q3 adjusted EPS was $0.39; adjusted EBITDA was $39 million.
  • Revenues in Q3 2024 increased 1% to $1.6 billion.

Headline financials

Total Revenue

$1.56B

Previous: $1.55B+0.7%
EPS

$0.07

Previous: $1.46-95.2%
Average Worksite Employees Paid

309.1K

Previous: 315.3K-2.0%
Gross Billings

$10.3B

No prior period
Capital Expenditures

-$25M

Previous: -$22.5M-11.0%
Free Cash Flow

-$22M

Previous: $21.8M-200.9%
Net Income

$3M

Previous: $44.3M-93.2%
Operating Income

$1M

Previous: $59.5M-98.3%
Gross Profit

$229M

Previous: $258M-11.2%
Cash & Equivalents

$470M

Previous: $679M-30.7%
Total Assets

$1.93B

Previous: $2B-3.2%
Stock-Based Comp

$17M

Previous: $15.7M+8.4%

Revenue & EPS history

Insperity · Revenue · Quarterly

$1.56B

Q3 2024+0.7%vs Q3 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Forward guidance

Insperity provided its updated guidance for 2024, including the fourth quarter of 2024.

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 2024

Historical avgQ3 2024

-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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