TriNet Group's stock plummeted 5.52% during intraday trading on Thursday following the release of its fourth-quarter earnings report and full-year 2026 guidance.
The human capital management solutions provider reported Q4 revenue of $1.248 billion, missing analyst estimates of $1.269 billion and representing a 2% decline from the same period last year. While adjusted net income of $21 million beat expectations of $17.1 million, the company reported a net loss of $1 million for the quarter.
Investors reacted negatively to the company's 2026 outlook, which includes adjusted EPS guidance of $3.70 to $4.70, significantly below the FactSet consensus estimate of $4.94. The company also projected 2026 total revenues between $4.75 billion and $4.90 billion. The revenue decline was attributed to a 7% decrease in professional service revenues and a 9% reduction in average worksite employees.
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