TriNet Group lowers FY24 EPS guidance to $5.25-6.80, below consensus estimate of $6.78.

TriNet Group (TNET) released its FY24 earnings guidance on Friday, estimating EPS of $5.25-6.80, lower than the consensus estimate of $6.78. The company updated its Q2 guidance to $1.00-1.50 EPS. In Q1 2024, TriNet Group reported a 1% increase in total revenues to $1.3 billion, with professional service revenues growing 4% to $214 million. Net income per diluted share was $1.78.

April 26, 2024
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