Potential Acquisitions — drive growth through acquisitions of technology, product, and services Dividend — diversify capital return options to shareholders trinet" © 2024 TriNet Group, Inc. All rights reserved. 16 Financial Policy | --- | --- | --- | --- | |----------------------------------------|---------------------------------------------------------|-------------------------------------------------------------------------------|--------------------------------------------------------------------------- ...

TriNet Group (TNET) came out with quarterly earnings of $1.53 per share, beating the Zacks Consensus Estimate of $1.24 per share. This compares to earnings of $1.74 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates three times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on t ...

(Mark One) ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36373 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Yes o No o Indicate by check mark whether the registrant is a shell company (as defined in ...

TriNet Announces Second Quarter 2024 Results 1% Growth in Total Revenues to $1.2 Billion 5% Growth in Professional Service Revenues to $186 million Net Income per Diluted Share of $1.20 and Adjusted Net Income per Diluted Share $1.53 DUBLIN, Calif. — July 26, 2024 — TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses, today announced financial results for the second quarter ended June 30, 2024. The second quarter highlights belo ...

1% Growth in Total Revenues to $1.2 Billion 5% Growth in Professional Service Revenues to $186 million Net Income per Diluted Share of $1.20 and Adjusted Net Income per Diluted Share $1.53 DUBLIN, Calif., July 26, 2024 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses, today announced financial results for the second quarter ended June 30, 2024. The second quarter highlights below include non-GAAP financial mea ...

TriNet Appoints Shea Treadway as Chief Revenue OfficerTriNet Appoints Shea Treadway as Chief Revenue Officer Treadway most recently served as Senior Vice President and Head of Distribution for Principal Financial Group where he led a team of over 2,000 sales consultants, account managers, and affiliated distribution team members responsible for more than 100,000 SMB customers. He has also held senior leadership roles in both direct and brokerage distribution of voluntary benefits and served as Colonial Life ...

Company Insights - TriNet Group (TNET) shares increased by 4.2% in the last trading session, closing at $101.10, attributed to notable trading volume exceeding typical levels [4] - The company is expected to report quarterly earnings of $1.24 per share, reflecting a year-over-year decline of 28.7%, with revenues projected at $301.76 million, down 11.5% from the previous year [5] - The consensus EPS estimate for TriNet has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [6] Industry Context - TriNet operates within the Zacks Outsourcing industry, which includes other companies like Automatic Data Processing (ADP) [7] - ADP's stock closed 0.6% higher at $235.63, but has experienced a return of -4.9% over the past month [7] - The growth in professional services revenues and insurance revenue due to inflationary pressures is noted as a positive trend in the broader market [1]

Core Insights - TriNet has appointed Brian Evanko, President and CEO of Cigna Healthcare, to its Board of Directors, enhancing its leadership with his extensive experience in healthcare and finance [1][2][3] Company Overview - TriNet is a leading provider of comprehensive human resources solutions specifically designed for small and medium-sized businesses (SMBs), offering services such as professional employer organization (PEO) and human resources information system (HRIS) [5] - The company has over 30 years of experience in supporting entrepreneurs and adapting to the evolving modern workplace, enabling SMBs to focus on growth and employee development [5] Leadership Experience - Brian Evanko has a robust background in financial and operational roles within The Cigna Group, including leadership positions in U.S. Government business and International Health operations [3][4] - Evanko holds multiple professional designations, including Fellow of the Society of Actuaries (FSA), Member of the American Academy of Actuaries (MAAA), and Chartered Financial Analyst (CFA) [4]

CHICAGO, June 25, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), announced a series of new product enhancements, capabilities and strategic partners designed to meet the needs of its customers in today's everevolving business environment. These announcements were made today in Chicago at the Society for Human Resource Management (SHRM) Annual Conference and Expo 2024. TriNet has announced a series of new pr ...

DUBLIN, Calif., June 24, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced its Board of Directors approved a dividend of $0.25 per share of the Company's common stock with a record date and exdividend date of July 1, 2024 and a payout date of July 22, 2024. About TriNet SOURCE TriNet Group, Inc. TriNet (NYSE: TNET) provides small and medium-size businesses (SMBs) with full-service industry-spec ...