Robert Half Inc expected to post earnings of $1.14 a share - Earnings Preview

Robert Half

21/07/2023 22:59

* Robert Half Inc  RHI.N   RHI  is expected to show a fall
in
quarterly revenue when it reports  results on July 25. 
    * The Menlo Park California-based  company is expected to
report 
a 9.3% decrease in revenue to $1.69 billion from $1.86 billion a
year ago, according to the mean estimate from 10 analysts, based
on Refinitiv data. The company's guidance on April 26 2023, for
the period ended June 30, was for revenue between $1.66 billion
and $1.74 billion.
    * ​Refinitiv's mean analyst estimate for Robert Half Inc is
for
earnings of $1.14 per share. The company's EPS guidance on April
26 2023, for the period ended June 30, was between $1.09 and
$1.19 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 7 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Robert Half
Inc
is $69​, below​ its last closing price of $78.64. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.13        1.13       1.14      Beat    0.7
 Dec. 31 2023  1.36        1.36       1.37      Beat    0.6
 Sep. 30 2022  1.63        1.63       1.53      Missed  -6.2​
 Jun. 30 2022  1.59        1.59       1.60      Beat    0.7
 ​​Mar.        1.47        1.46       1.52      Beat    4.1
 31 2022                                                
 Dec. 31 2021  1.45        1.45       1.51      Beat    4.4​
 Sep. 30 2021  1.41        1.40       1.53      Beat    9
 Jun. 30 2021  1.05        1.05       1.33      Beat    26.7
 This summary was machine generated July 21 at 21:59 GMT.  All
figures in US dollars  unless otherwise stated