What to Expect from Robert Half's Earnings

Robert Half (NYSE:RHI) is gearing up to announce its quarterly earnings on Tuesday, 2024-10-22. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Robert Half will report an earnings per share (EPS) of $0.62.

Investors in Robert Half are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Overview of Past Earnings

Last quarter the company missed EPS by $0.05, which was followed by a 7.56% drop in the share price the next day.

Here's a look at Robert Half's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.71

0.61

0.82

0.81

EPS Actual

0.66

0.61

0.83

0.90

Price Change %

-8.0%

-2.0%

-2.0%

2.0%

Stock Performance

Shares of Robert Half were trading at $66.31 as of October 18. Over the last 52-week period, shares are down 8.15%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

Analyst Observations about Robert Half

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Robert Half.

Robert Half has received a total of 4 ratings from analysts, with the consensus rating as Neutral. With an average one-year price target of $64.0, the consensus suggests a potential 3.48% downside.

Understanding Analyst ...