Insperity (NSP) Reports Q2: Everything You Need To Know Ahead Of Earnings

HR outsourcing provider Insperity (NYSE:NSP) will be announcing earnings results this Friday morning. Heres what investors should know.

Insperity met analysts revenue expectations last quarter, reporting revenues of $1.86 billion, up 3.4% year on year. It was a disappointing quarter for the company, with a significant miss of analysts EPS guidance for next quarter estimates and a significant miss of analysts EPS estimates.

Is Insperity a buy or sell going into earnings? Read our full analysis here, its free.

This quarter, analysts are expecting Insperitys revenue to grow 3.7% year on year to $1.66 billion, improving from the 1.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.41 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Insperity has missed Wall Streets revenue estimates five times over the last two years.

Looking at Insperitys peers in the professional staffing & hr solutions segment, some have already reported their Q2 results, giving us a hint as to what we can expect. ManpowerGroup posted flat year-on-year revenue, beating analysts expectations by 3.6%, and Robert Half reported a revenue decline of 7%, topping estimates by 1.1%. ManpowerGroups stock price was unchanged after the resultswhile Robert Half was down 6.1%.

Read our full analysis of ManpowerGroups results here and Robert Halfs results here.

Investors in the professional staffing & hr solutions segment have had steady hands going into earnings, with share prices flat over the last month. Insperity is down 3.5% during the same time and is heading into earnings with an average analyst price target of $73.75 (compared to the current share price of $59.91).

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