Robert Half International (RHI) to Release Quarterly Earnings on Wednesday
Robert Half International (NYSE:RHI) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, January 24th. Analysts expect the company to announce earnings of $0.64 per share for the quarter.
Robert Half International (NYSE:RHI) last announced its quarterly earnings results on Tuesday, October 24th. The business services provider reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.02). Robert Half International had a net margin of 6.20% and a return on equity of 29.13%. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the prior year, the business earned $0.71 earnings per share. Robert Half International’s revenue was down 1.0% on a year-over-year basis. On average, analysts expect Robert Half International to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Robert Half International (NYSE:RHI) opened at $55.70 on Wednesday. Robert Half International has a 12 month low of $42.92 and a 12 month high of $57.67. The company has a market cap of $7,140.00, a P/E ratio of 21.76 and a beta of 1.33.
Several research analysts have recently commented on the stock. Royal Bank of Canada reissued a “hold” rating and issued a $57.00 price objective on shares of Robert Half International in a research note on Wednesday, December 27th. BMO Capital Markets reissued a “hold” rating and issued a $49.00 price objective on shares of Robert Half International in a research note on Friday, October 13th. ValuEngine raised shares of Robert Half International from a “hold” rating to a “buy” rating in a research note on Friday, September 22nd. Macquarie lowered shares of Robert Half International from a “neutral” rating to an “underperform” rating and lowered their price objective for the company from $56.66 to $42.00 in a research note on Tuesday, December 5th. Finally, Deutsche Bank raised their price objective on shares of Robert Half International from $58.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday, December 28th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. Robert Half International presently has an average rating of “Hold” and a consensus target price of $53.67.
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About Robert Half International
Robert Half International Inc provides specialized staffing and risk consulting services. The Company provides these services through its divisions, including Accountemps, Robert Half Finance & Accounting, OfficeTeam, Robert Half Technology, Robert Half Management Resources, Robert Half Legal, The Creative Group and Protiviti.
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