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Robert Half (RHI) Q3 Earnings: How Key Metrics Evaluate to Wall Road Estimates

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For the quarter ended September 2024, Robert Half (RHI) reported income of $1.47 billion, down 6.3% over the identical interval final yr. EPS got here in at $0.64, in comparison with $0.90 within the year-ago quarter.

The reported income compares to the Zacks Consensus Estimate of $1.44 billion, representing a shock of +1.74%. The corporate delivered an EPS shock of +1.59%, with the consensus EPS estimate being $0.63.

Whereas buyers scrutinize income and earnings modifications year-over-year and the way they examine with Wall Road expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.

Since these metrics play an important position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher venture a inventory’s worth efficiency.

Right here is how Robert Half carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:

  • Service Revenues- Everlasting placement expertise options: $123.28 million versus the four-analyst common estimate of $122.20 million. The reported quantity represents a year-over-year change of -11.9%.
  • Service Revenues- Protiviti: $511.33 million in comparison with the $488.69 million common estimate based mostly on 4 analysts. The reported quantity represents a change of +6.4% yr over yr.
  • Service Revenues- Whole contract expertise options: $830.40 million in comparison with the $827.70 million common estimate based mostly on 4 analysts. The reported quantity represents a change of -12% yr over yr.
  • Service Revenues- Contract expertise solutions- Know-how: $160.18 million in comparison with the $150.28 million common estimate based mostly on three analysts. The reported quantity represents a change of -6.1% yr over yr.
  • Service Revenues- Contract expertise solutions- Finance & Accounting: $614.13 million in comparison with the $596.11 million common estimate based mostly on three analysts. The reported quantity represents a change of -9.2% yr over yr.
  • Service Revenues- Contract expertise solutions- Administrative and buyer help: $178.41 million versus $178.03 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a -9.2% change.
  • Service Revenues- Contract expertise solutions- Elimination of intersegment: -$122.32 million versus -$96.48 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a +21.6% change.
  • Gross Margin- Contract expertise options: $323.04 million versus the two-analyst common estimate of $334.04 million.
  • Gross Margin- Protiviti: $125.62 million versus $122.81 million estimated by two analysts on common.
  • Gross Margin- Everlasting placement expertise options: $123 million in comparison with the $119.23 million common estimate based mostly on two analysts.

View all Key Company Metrics for Robert Half here>>>

Shares of Robert Half have returned -4% over the previous month versus the Zacks S&P 500 composite’s +2.8% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it might carry out in step with the broader market within the close to time period.

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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.

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