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

Robert Half

24/07/2024 22:52

* Robert Half Inc  RHI.N  reported quarterly adjusted
earnings of
66 cents​​ per share for the quarter ended in June, lower than
the same quarter last year, when the company reported EPS of
$1.00.  The mean expectation of twelve analysts for the quarter
was for earnings of 71 cents per share. Wall Street expected
results to range from 68 cents to 73 cents per share.
    * Revenue fell 10.2% to $1.47 billion from a year ago;
analysts
expected $1.50 billion. 
    * Robert Half Inc's reported EPS for the quarter was 66
cents​.
    * The company reported quarterly net income of $68.16
million.
    * Robert Half Inc shares had risen by 1.5% this quarter and
lost 26.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 11.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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 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 $71.00 
This summary was machine generated from LSEG data July 24 at
09:52 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
 Jun. 30 2024      0.71           0.66           Missed
 Mar. 31 2024      0.61           0.61           Met
 Dec. 31 2023      0.82           0.83           Beat
 Sep. 30 2023      0.81           0.90           Beat