The stock is benefiting from growth in professional services revenues, driven by volume and normal rate increase, and insurance revenue growth due to a rise in annual inflationary rates. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of ...

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 ...

Recognized for its Commitment to Environmental, Social and Governance Initiatives DUBLIN, Calif., June 11, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced it has been awarded "Prime" status from ISS ESG, as of April 26, 2024. ISS ESG is the responsible investment arm for Institutional Shareholder Services (ISS), and evaluates companies utilizing publicly available environmental, social, and g ...

Nimmer was most recently SVP, Chief Actuary, Underwriting, Digitalization and Transformation Solutions at leading insurance company Aetna Inc. where he led the Company's pricing, underwriting and digital transformation, supporting more than $100B in revenue and 26 million members. Prior to Aetna, Nimmer served as Aon's Global Chief Actuary with oversight for all pricing, underwriting, analytics and innovation for one of the world's leading insurance brokerages. "I am thrilled to join TriNet and help build o ...

TriNet Group, Inc. (NYSE:TNET) Q1 2024 Earnings Conference Call April 26, 2024 8:30 AM ET Company Participants Alex Bauer - Head of IR Mike Simonds - CEO Kelly Tuminelli - CFO Conference Call Participants Tien-Tsin Huang - JPMorgan Kyle Peterson - Needham Andrew Nicholas - William Blair Jared Levine - TD Cowen David Grossman - Stifel Operator Good morning, and welcome to the TriNet First Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 Delaware 95-3359658 (State or other jurisdiction of incorporation or organization) One Park Place, Suite 600 Dublin, CA 94568 (Address of principal executive offices) (Zip Code) (I.R.S. Employer Identification No.) Registrant's telephone number, including area code: (510) 352-5000 Sec ...

TriNet Announces First Quarter 2024 Results 1% Growth in Total Revenues to $1.3 Billion 4% Growth in Professional Service Revenues to $214 million Net Income per Diluted Share of $1.78 and Adjusted Net Income per Diluted Share $2.16 | | Q2 2024 | | | | | Full Year 2024 | | | --- | --- | --- | --- | --- | --- | --- | --- | | | Low | | | High | Low | | High | | Total Revenues | | (1)% | | 1 % | | (1)% | 4 % | | Professional Service Revenues | | (2)% | | 4 % | | 1 % | 5 % | | Insurance Cost Ratio | | 90.0 % | ...

TriNet Group, Inc. (NYSE:TNET) Q4 2023 Earnings Conference Call February 15, 2024 5:00 PM ET Company Participants Alex Bauer - Head, IR Burton Goldfield - CEO Kelly Tuminelli - CFO Mike Simonds - Incoming CEO Conference Call Participants Kevin McVay - UBS Kyle Peterson - Needham Jared Levine - TD Cowen Andrew Nicholas - William Blair David Grossman - Stifel Operator Good day and welcome to the TriNet Fourth Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instru ...