Insperity shares dropped 7.3% in afternoon trading after the HR outsourcing provider reported second-quarter results and full-year guidance that raised concerns about underlying business weakness. While adjusted earnings per share beat the company's own midpoint, benefits costs per covered employee increased 5.2% and total gross profit declined by 3%. Management also expects the number of paid worksite employees to fall by about 1% to 1.6% for 2026, signaling a potential business contraction that overshadowed the short-term earnings beat.
Insperity IncSecond-quarter results and full-year guidance show declining gross profit and expected fall in paid worksite employees, signaling business contraction.