Leadership advisory firm Heidrick & Struggles Q2 revenue beats estimates

Heidrick & Struggles International

04/08/2025 21:10

Corrects revenue in Key Details table to $317.2 mln, not $420 mln

Overview

Heidrick & Struggles Q2 revenue rises 13.9% yr/yr, beating analyst expectations, per LSEG data

Adjusted EBITDA for Q2 increases to $33.9 mln, margin at 10.7%

Co declares $0.15 per share cash dividend for Q3

Outlook

Company expects Q3 2025 revenue between $295 mln and $315 mln

Company says external factors such as the foreign exchange  may impact Q3 revenue outlook

Result Drivers

EXECUTIVE SEARCH - Revenue increased 13.4% yr/yr, driven by growth in all regions, notably Europe and Asia Pacific

ON-DEMAND TALENT - Segment revenue grew 14.3% yr/yr, reflecting increased demand for flexible talent solutions

HEIDRICK CONSULTING - Consulting revenue rose 16.6% yr/yr, attributed to expanded client engagements

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$317.2 mln
$294.60 mln (3 Analysts)
Q2 Net Income
$21.07 mln
Q2 Operating Income
$25.23 mln
Q2 Operating Margin
8.0%
Q2 Pretax Profit
$31.14 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the employment services peer group is "buy"

Wall Street's median 12-month price target for Heidrick & Struggles International Inc is $52.00, about 17.2% above its August 1 closing price of $43.05

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nPn2Xj6fca

 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)