Insperity (NSP), a human resources and business services provider, reported Q1 adjusted earnings of $1.98 a share, up from $1.41 in the same period a year ago and exceeding the estimate of $1.88 from Wall Street analysts polled by Capital IQ.
Total revenue of $1.15 billion was up from $1.01 billion in the same period a year ago and missed the Street projection of $1.16 billion.
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Insperity guided Q2 adjusted EPS between $0.81 and $0.86, straddling the Street estimate of $0.82.
The Houston company increased full year 2019 guidance to a range of $4.55 to $4.80 from a prior range of $4.37 to $4.69. The new guidance straddles the Street estimate of $4.59.
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