filecrux
Oct 29, 4:21 PM
$TNET Is TriNet's top-end EPS call a real upgrade when nine-month adjusted EPS is already
$4.97 against a
$5.10 ceiling?
š¢ TriNet, which runs HR, payroll and health benefits for small and mid-size businesses, kept its 2026 ranges on Oct 29 but now expects the top of its EPS range, and the stock was worth about
$3.23B at
$70.41 at 16:00 ET on October 28, 2026
š Third-quarter adjusted EPS fell to
$0.94 from
$1.11 a year earlier as revenue dropped 5% to
$1,175M and worksite employees fell 11% to about 295,000
š Cash held up better than earnings, with nine-month free cash flow up 27% to
$243M,
$94M spent on buybacks, and the CEO saying new sales returned to year-over-year growth
š
Next: TriNet expects to file its Form 10-Q for the nine months ended September 30, 2026 on or about October 29, 2026; watch whether fourth-quarter adjusted EPS lands near the roughly
$0.13 left between nine-month
$4.97 and the
$5.10 top end
Source: PR Newswire release + SEC 8-K, Oct 29
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