NYSE$TNET

TriNet Group Inc. · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Announced fourth quarter and fiscal year 2019 results, which included a $300 million increase to the stock repurchase program and CFO transition.

TriNet's total revenues for the fourth quarter of 2019 increased 11% to $1.0 billion. Net income was $48 million, or $0.68 per diluted share and Adjusted Net Income was $59 million, or $0.84 per diluted share.

  • Total revenues increased 11% to $1.0 billion.
  • Net income was $48 million, or $0.68 per diluted share.
  • Adjusted Net Income was $59 million, or $0.84 per diluted share.
  • Average Worksite Employees (WSEs) increased 5% to approximately 337,000.

Headline financials

Total Revenue

$226M

Previous: $225M+0.4%
EPS (adj)

$0.84

Previous: $0.59+42.4%
Average WSEs

337.1K

Previous: 321.9K+4.7%
Total WSEs

340.0K

Previous: 325.6K+4.4%
Capital Expenditures

$11M

Previous: $10M+10.0%
Free Cash Flow

$671M

Previous: $362M+85.4%
Net Income

$48M

Previous: $29M+65.5%
Operating Income

$63M

Previous: $42M+50.0%
Gross Profit

$167M

Previous: $162M+3.1%
Cash & Equivalents

$213M

Previous: $228M-6.6%
Total Assets

$2.75B

Previous: $2.44B+12.9%
Stock-Based Comp

$12M

Previous: $13M-7.7%

Revenue & EPS history

TriNet · Revenue · Quarterly

$226M

Q4 2019+0.4%vs Q4 2018
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

TriNet · $881M total across 1 segment · Q4 2019

  • Insurance Service Revenues
    $881M

Forward guidance

TriNet will host a conference call at 2:00 p.m. PT (5:00 p.m. ET) today to discuss its quarterly and annual results for 2019 and provide quarterly and annual financial guidance for 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 Q4 2019

Historical avgQ4 2019

+0.7%

Avg return

Earnings day

+1.7%

Avg return

5 days after

+3.1%

Avg return

30 days after

50%

27 / 54 earnings

Positive

+25.2%

Q4 2018

Best reaction

-39.2%

Q2 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.3%-1.1%+6.7%
Q4 2025-10.8%-7.7%-19.6%
Q3 2025-2.7%-4.4%-6.6%
Q2 2025-1.6%-0.4%+2.9%
Q1 2025-0.4%+1.0%+4.6%
Q4 2024-14.8%-21.7%-18.6%
Q3 2024-9.8%-6.5%+1.5%
Q2 2024-4.6%-4.2%-5.7%
Q1 2024-18.5%-19.7%-15.2%
Q4 2023+12.4%+8.9%+11.0%
Q3 2023-2.6%-8.9%-0.1%
Q2 2023+4.6%+9.0%+9.9%
Q1 2023+10.9%+12.5%+9.5%
Q4 2022+11.7%+15.5%-2.7%
Q3 2022-11.6%-12.1%-5.0%
Q2 2022+0.8%+2.0%+7.1%
Q1 2022-1.5%-4.2%-16.1%
Q4 2021+2.6%+3.6%+7.2%
Q3 2021+1.6%+4.4%+9.9%
Q2 2021+7.6%+13.2%+24.7%
Q1 2021-9.3%-8.2%-9.6%
Q4 2020-7.0%-5.3%-4.2%
Q3 2020-3.1%-4.6%+6.4%
Q2 2020+13.6%+6.7%+9.9%
Q1 2020+19.2%+6.1%+20.1%
Q4 2019+19.5%+14.7%-7.8%
Q3 2019-13.1%-14.3%-6.2%
Q2 2019+6.1%+0.7%-10.3%
Q1 2019+1.2%+5.5%+1.7%
Q4 2018+25.2%+26.2%+26.7%
Q3 2018+3.7%+2.6%-0.5%
Q2 2018-5.4%-5.0%+3.1%
Q1 2018+1.9%+0.8%+5.0%
Q4 2017+12.5%+11.8%+10.5%
Q3 2017+20.5%+20.4%+28.9%
Q2 2017+19.6%+17.6%+4.8%
Q1 2017+10.5%+7.2%+7.2%
Q4 2016+5.6%+5.2%+5.4%
Q3 2016+8.0%+5.4%+31.7%
Q2 2016-3.6%-3.1%-3.2%
Q1 2016+9.6%
Q4 2015-8.2%
Q3 2015-4.6%
Q2 2015-39.2%
Q1 2015-21.1%
Q4 2012-0.1%
Q4 2014-7.7%
Q3 2013+0.8%
Q3 2014-0.6%
Q2 2013+1.4%
Q2 2014+11.3%
Q1 2013-1.3%
Q4 2013-1.3%
Q1 2014-1.3%

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