earnings
confidence high
sentiment positive
materiality 0.80
Insperity reports record Q4 and FY2022; adjusted EPS $1.21 and $5.59; WSEEs up 14% and 18%
INSPERITY, INC.
2022-FY EPS reported
$4.64
revenue$5,938,818,000
- Q4 net income $38.2M ($0.99 EPS); adjusted EPS $1.21, adjusted EBITDA $78.9M.
- FY2022 net income $179.4M ($4.64 EPS); adjusted EPS $5.59 (+42% YoY), adj. EBITDA $352.3M.
- Revenue Q4 $1.5B (+15.4%), FY $5.9B (+19.4%); gross profit up 41.3% Q4, 23.3% FY on lower benefit costs.
- Average paid WSEEs Q4 307,506 (+14.3%), FY 295,005 (+17.7%); client retention 99% and 85%.
- 2023 guidance announced; 2022 cash outflows: $73.3M share buybacks (770k shares), $76.6M dividends, $30.4M capex.