Insperity Inc (STU:ASF)
€ 73 -1 (-1.35%) Market Cap: 2.71 Bil Enterprise Value: 2.66 Bil PE Ratio: 24.02 PB Ratio: 22.05 GF Score: 85/100

Q3 2019 Insperity Inc Earnings Call Transcript

Nov 04, 2019 / 02:00PM GMT
Release Date Price: €66.5 (-30.37%)
Operator

Good morning. My name is Marcella, and I will be your conference operator today. I would like to welcome everyone to the Insperity Third Quarter 2019 Earnings Conference Call. (Operator Instructions)

At this time, I would like to introduce today's speakers. Joining us are Paul Sarvadi, Chairman of the Board and Chief Executive Officer; and Douglas Sharp, Senior Vice President of Finance, Chief Financial Officer and Treasurer.

At this time, I'd like to turn the call over to Douglas Sharp. Mr. Sharp, please go ahead.

Douglas S. Sharp
Insperity, Inc. - Senior VP of Finance, CFO & Treasurer

Thank you. We appreciate you joining us this morning. Let me begin by outlining our plan for this morning's call. First, Paul is going to discuss our third quarter results and how we are positioned for growth as we head into 2020. I will then discuss further details behind Q3 results and, in particular, focus on our health care costs. I will also provide our updated full year 2019 guidance and provide high-level comments on our gross profit outlook for

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