TriNet Group, Inc. ( TNET - Free Report) , a Zacks Rank #1 (Strong Buy) is a provider of a comprehensive human resources solution for small to medium-sized businesses. It offers payroll, tax administration, risk protection, performance management, compensation consulting, and employee benefit plans. The Company serves banking and financial services, biotech and life sciences, technology, non-profits, professional services, venture capital, and advertising and marketing industries. Recent Earnings Data In early November, TriNet announced Q3 17 earnings where they beat the Zacks consensus earnings and revenue estimates for the 7th consecutive quarter. The company posted year over year (YoY) gains in GAAP total revenues +6%, GAAP net income +193%, and adjusted EBITDA +77%. Management was also able to lower operating expenses by +21%. Driver Going Forward Insurance revenue growth has become the big driver for the company as net insurance fees were up +85% YoY in Q3. And this was not a one-time quarterly jump, as Q2 was up +134%, Q1 was up +55%, and Q4 16 rose by +40%. This consistent growth is due to administrative cost savings, an increase in total enrollees, and better than expected claims activity. Increased Q4 Guidance Due to the impressive revenue growth in the insurance segment, and improved cost savings, management increased net revenue expectations to a range of $185-220 million, well ahead of the previous expectation of $175 million. Management’s Take According to Burton M. Goldfield, President and CEO, “ We delivered strong financial results during the third quarter as we continued to execute our strategic operational plan. By pairing our technology platform with our deep industry-specific knowledge, we are developing tailored vertical products that provide our clients with an exceptional HR experience. We remain focused on leveraging our scale for the benefit of our clients, while maximizing our ability to deliver profitable growth for our shareholders.” Price and Earnings Consensus Graph As you can see in the graph below, we have seen three consecutive years of increasing annual earnings estimates as the stock price has more than doubled.