Robert Half Inc expected to post earnings of 71 cents a share - Earnings Preview

Robert Half

22/07/2024 21:59

* Robert Half Inc  RHI.N   RHI  is expected to show a fall
in
quarterly revenue when it reports  results on July 24 for the
period ending June 30 2024
    * The Menlo Park California-based  company is expected to
report a
8.4% decrease in revenue to $1.502 billion from $1.64 billion a
year ago, according to the mean estimate from 11 analysts, based
on LSEG data.The company's guidance on April 25 2024, for the
period ended June 30, was for revenue between 1.45 billion and
1.55 billion.
    * ​LSEG's mean analyst estimate for Robert Half Inc is for
earnings of 71 cents per share. The company's EPS guidance on
April 25 2024, for the period ended June 30, was between 0.63
and 0.77 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and 6 "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 $71.00​, above​ its last closing price of $65.94. ​​​

The company's guidance on April 25 2024 for the period ended
June 30 was for Capital Expenditures between 20 million and 25
million.The company's guidance on April 25 2024 for the period
ended June 30 was for gross profit margin between 38% and 40%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.61        0.61       0.61      Met     -0.2
 Dec. 31 2024  0.83        0.82       0.83      Beat    0.8
 Sep. 30 2023  0.81        0.81       0.90      Beat    11.5​
 Jun. 30 2023  1.14        1.14       1.00      Missed  -12
 ​​Mar.        1.13        1.13       1.14      Beat    0.7
 31 2023                                                
 Dec. 31 2022  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
 This summary was machine generated July 22 at 20:59 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)