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

Robert Half

26/04/2024 24:27

* Robert Half Inc  RHI.N  reported quarterly adjusted
earnings of
61 cents​​ per share for the quarter ended in March, lower than
the same quarter last year, when the company reported EPS of
$1.14.  The mean expectation of twelve analysts for the quarter
was for earnings of 61 cents per share. Wall Street expected
results to range from 59 cents to 70 cents per share.
    * Revenue fell 14% to $1.48 billion from a year ago;
analysts
expected $1.49 billion. 
    * Robert Half Inc's reported EPS for the quarter was 61
cents​.
    * The company reported quarterly net income of $63.7
million.
    * Robert Half Inc shares had fallen by 9.8% this quarter and
lost 18.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 22.4%
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 2 "strong buy" or "buy," 6
"hold" and 6 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Robert Half
Inc
is $70.00 

This summary was machine generated from LSEG data April 25 at
11:27 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
 Mar. 31 2024      0.61           0.61           Met
 Dec. 31 2023      0.82           0.83           Beat
 Sep. 30 2023      0.81           0.90           Beat
 Jun. 30 2023      1.14           1.00           Missed