Robert Half International Inc expected to post earnings of $1.36 a share - Earnings Preview

Robert Half

24/01/2023 21:25

* Robert Half International Inc  RHI.N   RHI  is expected
to show
a fall in quarterly revenue when it reports  results on January
26. 
    * The Menlo Park California-based  company is expected to
report 
a 1.8% decrease in revenue to $1.738 billion from $1.77 billion
a year ago, according to the mean estimate from 9 analysts,
based on Refinitiv data. The company's guidance on October 20
2022, for the period ended December 31, was for revenue between
1.70 billion and 1.78 billion.
    * ​Refinitiv's mean analyst estimate for Robert Half
International
Inc is for earnings of $1.36 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"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
International Inc is $70​, below​ its last closing price
of $79.75. ​​​

The company's guidance on October 20 2022 for the period ended
December 31 was for Earnings before Interest and Taxes between
186.45 million and 230.75 million.The company's guidance on
October 20 2022 for the period ended December 31 was for gross
profit margin between 41% and 43%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.63        1.63       1.53      Missed  -6.2
 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
 ​​Sep.        1.41        1.40       1.53      Beat    9
 30 2021                                                
 Jun. 30 2021  1.05        1.05       1.33      Beat    26.7​
 Mar. 31 2021  0.78        0.79       0.98      Beat    24.4
 Dec. 31 2020  0.68        0.68       0.84      Beat    23
 This summary was machine generated January 24 at 21:24 GMT.  All
figures in US dollars  unless otherwise stated