TriNet Shares Fall After Q3 Adjusted Earnings, Revenue Decline; 2026 Outlook Maintained
MT newswire2026/10/29 13:40Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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09:40 AM EDT, 10/29/2026 (MT Newswires) -- TriNet (TNET) shares were down 6.9% in early Thursday trading after it posted lower Q3 results. The company reported Q3 adjusted earnings of $0.94 per diluted share, down from $1.11 a year earlier. Analysts polled by FactSet expected $0.60. Revenue for the quarter ended Sept. 30 was $1.18 billion, compared with $1.23 billion a year earlier. Analysts expected $1.18 billion. The company reiterated its 2026 outlook of $4.50 to $5.10 in adjusted EPS and $4.75 billion to $4.90 billion in revenue, saying it expects adjusted EPS to be within the higher end of its guidance range. Analysts expect adjusted EPS of $4.87 on revenue of $4.82 billion. Price: 65.66, Change: -4.84, Percent Change: -6.87
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