NYSE$NSP

Insperity Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Insperity's Q4 2023 results were announced, showcasing a solid year despite a challenging environment for small businesses, with revenues increasing by 6% and average WSEEs paid rising by 2.5%.

Insperity reported a 6.1% increase in revenues to $1.6 billion and a 2.5% increase in average worksite employees (WSEEs) paid, totaling 315,072. Net income was $19.6 million, with diluted EPS at $0.52. The company also highlighted a new strategic partnership with Workday.

  • Q4 average number of WSEEs paid and revenues up 2.5% and 6%, respectively
  • Q4 net income of $19.6 million; diluted EPS of $0.52
  • Q4 adjusted EBITDA of $56.0 million; adjusted EPS of $0.75
  • Announced new strategic partnership with Workday

Headline financials

Total Revenue

$1.58B

Previous: $1.49B+6.1%
EPS (adj)

$0.75

Previous: $1.21-38.0%
Average Worksite Employees Paid

315.1K

Previous: 307.5K+2.5%
Capital Expenditures

$17.6M

Previous: $13.9M+26.7%
Net Income

$19.6M

Previous: $38.2M-48.7%
Operating Income

$22.3M

Previous: $50.9M-56.2%
Gross Profit

$222M

Previous: $241M-7.9%
Stock-Based Comp

$11.3M

Previous: $11.3M+0.5%

Revenue & EPS history

Insperity · Revenue · Quarterly

$1.58B

Q4 2023+6.1%vs Q4 2022
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Forward guidance

The company will be discussing both Q1 and full year 2024 guidance, including the impact of the new strategic partnership with Workday, on its earnings conference call.

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 2023

Historical avgQ4 2023

-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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