Insperity, Inc. Provides Earnings Guidance for the Third Quarter and Full Year 2021
August 02, 2021 at 04:33 pm EDT
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Insperity, Inc. provided earnings guidance for the third quarter and full year 2021. For the quarter, the company expected net income to be in the range of $21 million to $28 million and diluted net income per share of common stock to be in the range of $0.55 to $0.74.
For the full year, the company expected net income to be in the range of $123 million to $146 million and diluted net income per share of common stock to be in the range of $3.17 to $3.76.
Insperity, Inc. provides an array of human resources (HR) and business solutions designed to help improve business performance. The Companyâs HR services offerings are provided through its Workforce Optimization and Workforce Synchronization solutions (together, PEO HR Outsourcing Solutions). PEO HR Outsourcing Solutions encompasses a range of human resources functions, including payroll and employment administration, employee benefits, worker's compensation, government compliance, performance management, and training and development services, along with its Insperity Premier platform, which is a cloud-based human capital management platform. Workforce Optimization is the Companyâs primary HR outsourcing solution. Workforce Synchronization, which is generally offered only to its middle market client segment, offers a typically longer commitment that includes the same compliance and administrative services as Workforce Optimization.