NYSE$NSP
Insperity Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Insperity's Q4 2021 results were announced, revealing revenue growth but an earnings shortfall due to higher benefit costs driven by pandemic-related utilization.
Insperity's Q4 2021 revenues increased by 22% to $1.3 billion, driven by a 12% increase in paid WSEEs. However, net income and diluted EPS were $9.7 million and $0.25, respectively, due to approximately $27 million in higher benefits costs related to the pandemic. The company ended the year with a solid balance sheet and projects continued strong cash flow in 2022.
- Q4 2021 revenue increased 22% year-over-year to $1.3 billion.
- Net income and diluted EPS for Q4 2021 were $9.7 million and $0.25, respectively.
- Adjusted EBITDA and adjusted EPS for Q4 2021 were $30.4 million and $0.34, respectively.
- Average WSEEs paid increased 12.4% year-over-year to 268,978.
Headline financials
Revenue & EPS history
Insperity · Revenue · Quarterly
$1.29B
Forward guidance
Insperity provided guidance for Q1 2022 and full year 2022, including average WSEEs paid, adjusted EBITDA, and adjusted EPS.
Tailwinds
- Q1 2022 average WSEEs paid are expected to be between 275,100 and 277,500, representing an 18.0% to 19.0% year-over-year increase.
- Full year 2022 average WSEEs paid are expected to be between 287,100 and 292,200, representing a 14.5% to 16.5% year-over-year increase.
- Q1 2022 adjusted EPS is projected to be between $1.56 and $2.12.
- Full year 2022 adjusted EPS is projected to be between $3.74 and $4.86.
- Q1 2022 adjusted EBITDA is expected to be between $95 million and $125 million.
Headwinds
- Q1 2022 adjusted EPS is expected to decrease between (14)% and 16% year-over-year.
- Full year 2022 adjusted EPS is expected to decrease between (5)% and 23% year-over-year.
- Q1 2022 adjusted EBITDA is expected to decrease between (9)% and 20% year-over-year.
- Full year 2022 adjusted EBITDA is expected to decrease between (2)% and 22% year-over-year.
- The guidance reflects the impact of ongoing business investments and anticipated economic conditions.
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 Q4 2021
-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
| Quarter | Report date | Reaction (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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