Robert Half Inc reports results for the quarter ended in September 30 - Earnings Summary

Robert Half

23/10/2024 05:18

* Robert Half Inc  RHI.N  reported quarterly adjusted
earnings of
64 cents​​ per share for the quarter ended September 30, lower
than the same quarter last year, when the company reported EPS
of 90 cents.  The mean expectation of eleven analysts for the
quarter was for earnings of 62 cents per share. Wall Street
expected results to range from 58 cents to 66 cents per share.
    * Revenue fell 6.3% to $1.47 billion from a year ago;
analysts
expected $1.46 billion. 
    * Robert Half Inc's reported EPS for the quarter was 64
cents​.
    * The company reported quarterly net income of $65.45
million.
    * Robert Half Inc shares had fallen by 2.7% this quarter and
lost 25.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 22.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

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 5 "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 62.00 
This summary was machine generated from LSEG data October 23 at
04:17 a.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
 Sep. 30 2024      0.62           0.64           Beat
 Jun. 30 2024      0.71           0.66           Missed
 Mar. 31 2024      0.82           0.61           Missed
 Dec. 31 2023      0.82           0.83           Beat