NYSE$NSP

Insperity Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Insperity reported a net loss of $9 million for Q4 2024, with revenue increasing by 2% to $1.6 billion. Adjusted EPS came in at $0.05, while gross profit declined by 2% to $218 million. The company saw a 2% decline in worksite employees paid, offset by a 4% increase in revenue per employee. Operating expenses surged by 17%, including costs related to the Workday partnership.

Headline financials

Total Revenue

$1.61B

Previous: $1.58B+2.1%
EPS (adj)

$0.05

Previous: $0.75-93.3%
Capital Expenditures

-$13M

Previous: $17.6M-173.9%
Free Cash Flow

$606M

No prior period
Net Income

-$9M

Previous: $19.6M-145.9%
Operating Income

-$15M

Previous: $22.3M-167.4%
Gross Profit

$218M

Previous: $222M-1.8%

Revenue & EPS history

Insperity · Revenue · Quarterly

$1.61B

Q4 2024+2.1%vs Q4 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Forward guidance

The company expects modest growth in worksite employees and revenue for 2025, but margins remain under pressure from rising expenses.

Tailwinds

  • Expected growth in worksite employees paid in 2025
  • Strategic partnership with Workday aimed at future growth
  • Revenue per employee increasing due to pricing adjustments
  • Continued focus on client retention and sales expansion
  • Strong balance sheet with significant cash reserves

Headwinds

  • Higher operating expenses impacting profitability
  • Macroeconomic conditions remain challenging
  • Impact of inflation on costs and margins
  • Declining worksite employees paid year-over-year
  • Potential risks associated with client contract renewals

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 2024

Historical avgQ4 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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