On the company’searnings call executives from TriNet (TNET) stated: “We are operating in a difficult health cost environment and are reacting quickly by leveraging our team and improved processes. We are pricing new business and our renewals to appropriately reflect the current and expected health cost environment as a result of the actions we’re taking and have already taken our initial view on our 2025 ICR as similar to 2024.”
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Read More on TNET:
- TriNet says current healthcare environment is a short-term headwind
- TriNet reports Q3 adjusted EPS $1.17, consensus $1.31
- TriNet sees Q4 adjusted EPS 6c-57c, consensus $1.16
- TriNet sees FY24 adjusted EPS $4.95-$5.45, consensus $6.05
- TriNet Group (TNET) Q3 Earnings Cheat Sheet
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
