earnings
confidence high
sentiment neutral
materiality 0.70
Insperity Q4 rev $1.3B (+22%); EPS $0.25 shortfall; FY21 EPS $3.18; guides 2022 WSEE growth 14.5-16.5%
INSPERITY, INC.
2021-FY EPS reported
$3.18
revenue$4,973,070,000
- Q4 revenue $1.3B (+22% YoY); net income $9.7M, diluted EPS $0.25; adjusted EPS $0.34.
- Full year 2021 revenue $5.0B (+16%); net income $124.1M, diluted EPS $3.18; adjusted EBITDA $254.9M.
- Average paid WSEEs 250,745 in 2021 (+7%); Q4 WSEE growth 12.4% YoY, above guidance range.
- Higher COVID-related benefits costs ($27M) drove Q4 earnings shortfall from expectations.
- 2022 guidance: WSEE growth 14.5% to 16.5% forecast; strong cash flow, $214M returned to shareholders.