Robert Half Q2 revenue falls on Protiviti segment weakness

Robert Half

23/07/2026 21:18

    

    Overview
  
US talent solutions firm's Q2 revenue fell 2% yr/yr but beat analyst expectations
Q2 adjusted EPS was $0.26; no analyst estimate provided for comparison
Company cites improving hiring demand and sequential growth in talent solutions

    

    Outlook
  
Company says hiring demand continues to improve and market conditions are increasingly supportive

    

    Result Drivers
  
TALENT SOLUTIONS GROWTH - Co said talent solutions delivered third consecutive quarter of sequential revenue growth on an adjusted basis
IMPROVING HIRING DEMAND - Co said hiring demand continues to improve and market conditions are increasingly more supportive of its business
PROTIVITI WEAKNESS - Revenue and gross margin in Protiviti segment declined, weighing on overall results

    
Company press release: ID:nCNWGsgmpa

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Revenue
Beat
$1.33 bln
$1.32 bln (8 Analysts)
Q2 EPS
 
$0.26
 
Q2 Net Income
 
$26.32 mln
 
Q2 Pretax Profit
 
$40.59 mln
 

    

    Analyst Coverage
  
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 5 "hold" and 4 "sell" or "strong sell"
The average consensus recommendation for the employment services peer group is "buy."
Wall Street's median 12-month price target for Robert Half Inc is $26.00, about 36.1% below its July 22 closing price of $40.70
The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 15 three months ago

    

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)