Robert Half Inc reports results for the quarter ended in December - Earnings Summary

Robert Half

30/01/2024 22:02

* Robert Half Inc  RHI.N  reported quarterly adjusted
earnings of
83 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of $1.37.  The mean expectation of twelve analysts for the
quarter was for earnings of 82 cents per share. Wall Street
expected results to range from 77 cents to 86 cents per share.
    * Revenue fell 14.7% to $1.47 billion from a year ago;
analysts
expected $1.47 billion. 
    * Robert Half Inc's reported EPS for the quarter was 83
cents​.
    * The company reported quarterly net income of $87.3
million.
    * Robert Half Inc shares had fallen by 7.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the employment
services
peer group is also "hold"

Wall Street's median 12-month price target for Robert Half Inc
is $72.00 
This summary was machine generated from LSEG data January 30 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.82           0.83           Beat
 Sep. 30 2023      0.81           0.90           Beat
 Jun. 30 2023      1.14           1.00           Missed
 Mar. 31 2023      1.13           1.14           Beat