Robert Half Inc expected to post earnings of 82 cents a share - Earnings Preview

Robert Half

26/01/2024 21:52

* Robert Half Inc  RHI.N   RHI  is expected to show a fall
in
quarterly revenue when it reports  results on January 30 for the
period ending December 31 2023
    * The Menlo Park California-based  company is expected to
report a
15.2% decrease in revenue to $1.465 billion from $1.73 billion a
year ago, according to the mean estimate from 10 analysts, based
on LSEG data.The company's guidance on October 24 2023, for the
period ended December 31, was for revenue between $1.42 billion
and $1.52 billion.
    * ​LSEG's mean analyst estimate for Robert Half Inc is for
earnings of 82 cents per share. The company's EPS guidance on
October 24 2023, for the period ended December 31, was between
$0.75 and $0.89 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"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 $72.00​, below​ its last closing price of $81.13. ​​​

The company's guidance on October 24 2023 for the period ended
December 31 was for Capital Expenditures between USD20 million
and USD25 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.81        0.81       0.90      Beat    11.5
 Jun. 30 2023  1.14        1.14       1.00      Missed  -12
 Mar. 31 2023  1.13        1.13       1.14      Beat    0.7​
 Dec. 31 2022  1.36        1.36       1.37      Beat    0.6
 ​​Sep.        1.63        1.63       1.53      Missed  -6.2
 30 2022                                                
 Jun. 30 2022  1.59        1.59       1.60      Beat    0.7​
 Mar. 31 2022  1.47        1.46       1.52      Beat    4.1
 Dec. 31 2021  1.45        1.45       1.51      Beat    4.4
 This summary was machine generated January 26 at 21:52 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)