Robert Half (RHI) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

For the quarter ended September 2024, Robert Half (RHI) reported revenue of $1.47 billion, down 6.3% over the same period last year. EPS came in at $0.64, compared to $0.90 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.44 billion, representing a surprise of +1.74%. The company delivered an EPS surprise of +1.59%, with the consensus EPS estimate being $0.63.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Robert Half performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Service Revenues- Permanent placement talent solutions: $123.28 million versus the four-analyst average estimate of $122.20 million. The reported number represents a year-over-year change of -11.9%. Service Revenues- Protiviti: $511.33 million compared to the $488.69 million average estimate based on four analysts. The reported number represents a change of +6.4% year over year. Service Revenues- Total contract talent solutions: $830.40 million compared to the $827.70 million average estimate based on four analysts. The reported number represents a change of -12% year over year. Service Revenues- Contract talent solutions- Technology: $160.18 million compared to the $150.28 million average estimate based on three analysts. The reported number represents a change of -6.1% year over year. Service Revenues- Contract talent solutions- Finance & Accounting: $614.13 million compared to the $596.11 million average estimate based on three analysts. The reported number represents a change of -9.2% year over year. Service Revenues- Contract talent solutions- Administrative and customer support: $178.41 million versus $178.03 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -9.2% change. Service Revenues- Contract talent solutions- Elimination of intersegment: -$122.32 million versus -$96.48 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +21.6% change. Gross Margin- Contract talent solutions: $323.04 million versus the two-analyst average estimate of $334.04 million. Gross Margin- Protiviti: $125.62 million versus $122.81 million estimated by two analysts on average. Gross Margin- Permanent placement talent solutions: $123 million compared to the $119.23 million average estimate based on two analysts. View all Key Company Metrics for Robert Half here>>>Shares of Robert Half have returned -4% over the past month versus the Zacks S&P 500 composite's +2.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Infrastructure Stock Boom to Sweep AmericaA massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.The only question is “Will you get into the right stocks early when their growth potential is greatest?”Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How To Profit From Trillions On Spending For Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Robert Half Inc. (RHI): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks