Insperity eyes best day in over 2 years after upbeat FY forecast

Insperity

31/10/2022 16:29

** Shares of HR tech firm Insperity Inc  NSP.N  jump 10.3%
to $118.22 in afternoon trading 
    ** Stock hits highest levels since January; On track for
biggest one-day percentage rise since April 2020 if gains hold
    ** NSP sees Q4 adjusted EPS between $0.87 and $0.98 above
analysts' estimate of $0.84, according to Refinitiv IBES data 
    ** On a per share basis, co expects FY profit between $5.23
and $5.37 vs estimates of $4.96 
    ** NSP says it remains well-positioned despite lingering
pandemic conditions and recent economic uncertainty 
    ** Adds it benefited from strong demand for its services in
the quarter 
    ** Co posts adjusted Q3 EPS of $1.23, sailing past Wall
Street estimates of $0.97 per share  urn:newsml:reuters.com:*:nTUAWPJ8S 
    ** Including session gains, shares in NSP roughly flat this
year 
 (Reporting by Manya Saini in Bengaluru)
 ((Manya.Saini@thomsonreuters.com;))