Earnings Alerts

Robert Half Intl (RHI) Earnings: 4Q EPS Misses with Decline in Revenue

By January 30, 2025 No Comments
  • Robert Half Inc’s fourth-quarter earnings per share (EPS) were reported at 53 cents, missing the estimate of 55 cents and lower than the previous year’s 83 cents.
  • Total revenue for the quarter was $1.38 billion, which is a decrease of 6.1% compared to the previous year, but met the market estimate.
  • Contract talent solutions revenue came in at $785.5 million, marking an 11% year-over-year decline, slightly below the estimate of $787 million.
  • Permanent placement staffing revenue was $108.1 million, down 11% from the previous year and also below the estimate of $109.2 million.
  • Protiviti, a division of Robert Half, reported revenue of $488.8 million, showing growth of 5.3% year-over-year, surpassing the estimate of $487.1 million.
  • The company’s gross profit stood at $536.1 million, which is an 8.2% decrease compared to last year and lower than the forecasted $539.4 million.
  • The stock has garnered 3 “buy” ratings, 5 “hold” ratings, and 5 “sell” ratings from analysts.

Robert Half Intl on Smartkarma

Analyst coverage of Robert Half International on Smartkarma reveals insights from Baptista Research. In one report titled “How Robert Half’s Jaw-Dropping Macroeconomic Strategy Could Ignite a Massive Hiring Frenzy! – Major Drivers,” the research highlights the company’s third-quarter 2024 financial performance. Despite a 6% decline in revenues to $1.465 billion, Robert Half exceeded its own expectations. The consulting division, Protiviti, stood out with strong sequential and year-over-year revenue growth.

Another report by Baptista Research, “Robert Half International Inc.: Initiation Of Coverage – Geographic Realignment and Global Growth Efforts! – Major Drivers,” discusses the company’s second quarter 2024 earnings. With consolidated revenues of $1.473 billion, Robert Half faced a 10% decrease from the previous year. This decline reflects industry-wide challenges as clients and candidates exercise caution amidst macroeconomic uncertainties and interest rate concerns. Despite these challenges, the analysts express a bullish sentiment on Robert Half’s potential for growth through geographic realignment and global expansion efforts.


A look at Robert Half Intl Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE3.4

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 positive long-term outlook according to Smartkarma Smart Scores. With a strong Dividend score of 4, the company is expected to provide attractive dividend returns to investors. Additionally, Robert Half International scores well in Resilience and Momentum with scores of 4, indicating the company’s ability to withstand market fluctuations and maintain its positive price trend over time. This resilience and momentum are important factors for long-term growth and stability.

While the Value and Growth scores are not as high, with scores of 2 and 3 respectively, the overall outlook for Robert Half International remains optimistic. The company’s core business of providing temporary and permanent staffing services in various professional sectors positions it well for future growth and market relevance. Investors looking for a company with strong dividend potential, resilience, and positive momentum may find Robert Half International an attractive long-term investment opportunity.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Analytics and News
  • ✓ Events & Webinars