TriNet Group Reports Q4 Loss, Beats Earnings Expectations
DUBLIN, Calif. - TriNet Group Inc. (TNET) reported a fourth-quarter loss of $23 million on Thursday.
Key Financial Highlights:
* Diluted loss per share: $0.46
* Adjusted earnings per share: $0.44
* Revenue: $1.28 billion
* Adjusted revenue: $252 million
Analyst Expectations:
* Zacks Investment Research consensus analyst estimate: EPS $0.23
* Revenue estimate: $225.7 million
Yearly Performance:
* Annual profit: $173 million
* Annual EPS: $3.43
* Annual revenue: $1.26 billion
Outlook:
TriNet expects full-year 2023 earnings in the range of $3.25 to $4.75 per share.