Recap: Trinet Group Q4 Earnings

Trinet Group TNET reported its Q4 earnings results on Monday, February 14, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Trinet Group beat estimated earnings by 109.26%, reporting an EPS of $1.13 versus an estimate of $0.54.

Revenue was up $72.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.52, which was followed by a 1.52% increase in the share price the next day.

Here's a look at Trinet Group's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Trinet Group management provided guidance for their next quarter, expecting earnings between $1.89 and $2.22 per share for the next quarter.

This represents a 81.86% in quarter-over-quarter growth for Trinet Group, a bullish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.