- Robert Half Inc reported first-quarter earnings per share (EPS) of 17 cents, missing estimates of 37 cents and a decline from 61 cents in the previous year.
- Revenue for the first quarter was $1.35 billion, an 8.4% decrease from the previous year and below the estimated $1.41 billion.
- Contract talent solutions revenue was reported at $763.2 million, showing a 14% year-over-year decline and falling short of the $787.9 million estimate.
- Permanent placement staffing revenue totalled $112.1 million, down 10% from last year and slightly under the $112.5 million estimate.
- Protiviti revenue increased by 2.7% year-over-year to $476.6 million, but did not meet the expected $501.3 million.
- Gross profit stood at $499.0 million, an 11% decrease from the previous year and below the projected $525.4 million.
- Analyst recommendations included 4 buys, 5 holds, and 4 sells.
Robert Half Intl on Smartkarma
Analyst coverage of Robert Half International on Smartkarma has been insightful, with research reports from Baptista Research shedding light on the company’s recent performance. In one report titled “Robert Half Inc: The Expanding Demand for Protiviti’s Services Is Arguably Its Biggest Growth Catalyst!” by Baptista Research, the analysis portrays a mixed performance in the fourth quarter of 2024, highlighting both challenges and opportunities. The company’s global enterprise revenues declined by 6% from the previous year, with net income per share also witnessing a significant decrease.
Furthermore, another report from Baptista Research titled “How Robert Half’s Jaw-Dropping Macroeconomic Strategy Could Ignite a Massive Hiring Frenzy! – Major Drivers” delves into Robert Half’s third-quarter 2024 financial results. Despite a decline in revenues compared to the previous year, the company’s performance exceeded expectations, especially in its consulting division, Protiviti. The positive outlook emphasizes the potential for growth and hints at a possible hiring frenzy sparked by Robert Half’s macroeconomic strategy.
A look at Robert Half Intl Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Robert Half International, Inc. is positioned for a promising long-term outlook according to Smartkarma’s Smart Scores. With a solid Dividend score of 4 and a Resilience score of 4, the company demonstrates stability and a commitment to rewarding shareholders. Additionally, the company’s Value score of 3 indicates a fair valuation in the market, offering potential for growth. While Growth and Momentum scores are moderate at 3, Robert Half Intl‘s diversified services in staffing solutions position it well for sustainable expansion.
Robert Half International, Inc. stands out in the industry by providing a range of temporary and permanent staffing services across various sectors. From accounting and finance professionals to IT experts, legal professionals, and marketing specialists, the company offers a comprehensive suite of workforce solutions to meet diverse client needs. With a balanced set of Smart Scores, Robert Half Intl appears to be on a stable growth trajectory, supported by its resilient business model and strong dividend policy.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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