Earnings Outlook For Trinet Group

Trinet Group TNET unveils its next round of earnings this Monday, July 26. Here is Benzinga's everything-that-matters guide for the earnings announcement.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street analysts see Trinet Group reporting earnings of $0.81 per share on revenue of $236.27 million. Trinet Group earnings in the same period a year ago was $2.03 per share. Quarterly sales came in at $335.00 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to report earnings in line when it publishes results Monday, earnings would be down 60.1%. Revenue would be down 29.47% from the year-ago period. Trinet Group's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020
EPS Estimate 1.30 0.25 0.16 1.08
EPS Actual 1.66 0.44 0.56 2.03
Revenue Estimate 280.46 M 195.57 M 177.91 M 268.46 M
Revenue Actual 309.00 M 221.00 M 216.00 M 335.00 M

eps graph

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

For a full 12 months, the return has risen by 14.68%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. Trinet Group is scheduled to hold the call at 17:00:00 ET and can be accessed here.

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Posted In: EarningsBZI-EP
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