Trinet Group(TNET) Soars 14.15% on Strong Q1 Earnings

Trinet Group(TNET) shares rose to their highest level since February 2025 today, with an intraday gain of 14.15%.

Trinet Group's stock price has been positively influenced by its first-quarter 2025 financial results that exceeded market expectations. The company reported an adjusted net income of $1.99 per share, surpassing the Zacks Consensus Estimate of $1.67 per share. Total revenues for the first quarter increased by 1% to $1.3 billion, and the company repurchased 1.2 million shares. Despite a challenging economic environment, TriNet demonstrated strong retention and cost control, supporting its strategic plans and optimistic outlook for 2025. The full-year 2025 guidance projects adjusted EPS between $3.25 and $4.75, against the FactSet estimate of $3.93. The positive financial performance and strategic initiatives likely contributed to the surge in TriNet's stock price.