Core Insights - Robert Half International Inc. (RHI) is a leading global staffing firm, competing with major players like ManpowerGroup and Randstad [1] - Tobey Sommer from Truist Financial has set a bullish price target of $40 for RHI, indicating a potential increase of 17.27% from its current price of $34.11 [1][5] Financial Performance - RHI's stock surged by 12.5% following the announcement of its fourth-quarter earnings, with a quarterly earnings per share (EPS) of 32 cents, exceeding analysts' expectations by 6.7% [2][5] - The company's revenue for the quarter was reported at $1.3 billion, slightly above expectations, contributing to the positive stock momentum [2] Future Guidance - RHI's guidance for the first quarter of 2026 projects revenues above consensus at the midpoint, suggesting potential stabilization despite broad revenue declines across its talent solutions and Protiviti segments [3][5] - The company experienced a decrease in margins by 100 basis points, yet investor sentiment remains optimistic about its forward momentum [3] Stock Performance - Currently, RHI's stock is priced at $34.69, reflecting a significant increase of 28.05% with a change of $7.60 [4] - The stock has fluctuated between a low of $31.41 and a high of $34.72 today, with a market capitalization of approximately $3.51 billion and a trading volume of 5,569,590 shares [4]

Key Takeaways RHI beat Q4 EPS estimates and topped revenue expectations, sending shares up 12.5%.Robert Half guided Q1 2026 revenues above consensus at the midpoint, signaling stabilization.RHI saw broad revenue declines across talent solutions and Protiviti, with margins down 100 basis points.Shares of Robert Half International Inc. (RHI) surged 12.5% in after-hours trading as the company delivered what the market wanted most: a clear earnings beat and strong revenue guidance, even against a softer year-ov ...

Key Takeaways RHI posted Q4 EPS of 32 cents and revenues of $1.30B, both topping consensus estimates despite sharp fall. RHI saw Talent Solutions revenues fell 9% y/y, with both U.S. and non-U.S. segments under pressure. RHI's Protiviti unit posted a smaller revenue decline, helped by 9% growth in non-U.S. operations.Robert Half International Inc. (RHI) reported impressive fourth-quarter 2025 results, wherein both earnings and revenues beat the Zacks Consensus Estimate.Quarterly earnings of 32 cents per sh ...

CFO Michael Buckley said Talent Solutions revenue declines continued on a year-over-year basis, though sequential trends improved. On an adjusted basis, fourth-quarter Talent Solutions revenues fell 9% year over year. U.S. Talent Solutions revenues were $623 million (down 9%) and non-U.S. Talent Solutions revenues were $200 million (down 8%). The company operated Talent Solutions offices in the U.S. and 18 other countries.Cash flow from operations totaled $183 million , which management called the highest q ...

Core Insights - Robert Half (RHI) reported a revenue of $1.3 billion for the quarter ended December 2025, reflecting a year-over-year decline of 5.8% and an EPS of $0.32 compared to $0.53 a year ago, with a revenue surprise of +0.88% over the Zacks Consensus Estimate of $1.29 billion and an EPS surprise of +6.67% over the consensus estimate of $0.30 [1] Financial Performance - The company’s service revenues from permanent placement talent solutions were $102.57 million, exceeding the estimated $100.04 million, but showing a year-over-year decline of 5.1% [4] - Service revenues from Protiviti were reported at $478.96 million, slightly below the estimated $482.49 million, with a year-over-year change of -2% [4] - Total contract talent solutions generated $720.85 million, surpassing the average estimate of $709.81 million, but reflecting a year-over-year decline of 8.2% [4] - Contract talent solutions in technology reported $156.38 million, slightly below the estimated $159.39 million, with a year-over-year change of -1% [4] - Contract talent solutions in finance & accounting reached $535.23 million, exceeding the average estimate of $517.28 million, with a year-over-year decline of 6.9% [4] - Administrative and customer support contract talent solutions generated $153.03 million, above the estimated $149.91 million, but showing a year-over-year decline of 11.4% [4] - The elimination of intersegment revenues was reported at $-123.8 million, slightly worse than the estimated $-119.38 million, but reflecting a year-over-year improvement of +3% [4] Stock Performance - Over the past month, shares of Robert Half have returned -0.8%, contrasting with the Zacks S&P 500 composite's +0.8% change, and the stock currently holds a Zacks Rank 5 (Strong Sell), indicating potential underperformance against the broader market [3]

分组1 - Robert Half reported quarterly earnings of $0.32 per share, exceeding the Zacks Consensus Estimate of $0.30 per share, but down from $0.53 per share a year ago, representing an earnings surprise of +6.67% [1] - The company posted revenues of $1.3 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 0.88%, but down from $1.38 billion year-over-year [2] - Over the last four quarters, Robert Half has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] 分组2 - The stock has underperformed the market, losing about 0.8% since the beginning of the year compared to the S&P 500's gain of 1.9% [3] - The current consensus EPS estimate for the coming quarter is $0.15 on revenues of $1.29 billion, and for the current fiscal year, it is $1.54 on revenues of $5.39 billion [7] - The Zacks Industry Rank indicates that the Staffing Firms sector is currently in the bottom 8% of over 250 Zacks industries, which may negatively impact stock performance [8]

Robert Half (NYSE:RHI) Q4 2025 Earnings call January 29, 2026 05:00 PM ET Company ParticipantsHarold Antor - Senior Equity Research AssociateKarthik Mehta - Executive Managing Director and Director of ResearchKeith Waddell - CEOMichael Buckley - CFOTobey Sommer - Managing DirectorConference Call ParticipantsAndrew Steinerman - Managing Director and Senior Equity Research AnalystJeff Silber - Managing Director and Senior Equity Research AnalystKevin McVeigh - Managing Director and Senior Equity Research Anal ...

Robert Half (NYSE:RHI) Q4 2025 Earnings call January 29, 2026 05:00 PM ET Company ParticipantsHarold Antor - Senior Equity Research AssociateKarthik Mehta - Executive Managing Director and Director of ResearchKeith Waddell - CEOMichael Buckley - CFOTobey Sommer - Managing DirectorConference Call ParticipantsAndrew Steinerman - Managing Director and Senior Equity Research AnalystJeff Silber - Managing Director and Senior Equity Research AnalystKevin McVeigh - Managing Director and Senior Equity Research Anal ...

Financial Data and Key Metrics Changes - Global enterprise revenues for Q4 2025 were $1.302 billion, down 6% year-over-year on a reported basis and down 7% on an adjusted basis [3][4] - Net income per share for the quarter was $0.32, compared to $0.53 in Q4 2024 [4] - Cash flow from operations was $183 million, an 18% increase over Q4 2024 [4] - Return on invested capital was 10% in Q4 [5] Business Line Data and Key Metrics Changes - Talent Solutions revenues were down 9% year-over-year on an adjusted basis, with U.S. revenues at $623 million and non-U.S. revenues at $200 million [6][8] - Protiviti's global revenues in Q4 were $479 million, with U.S. revenues down 6% and non-U.S. revenues up 9% year-over-year [8][10] - Gross margin for Talent Solutions was 46.7%, up from 46.4% in Q4 2024, while Protiviti's gross margin was 21.9%, down from 24.9% [9][10] Market Data and Key Metrics Changes - Currency exchange rate movements increased reported total revenues by $15 million, with $10 million attributed to Talent Solutions and $5 million to Protiviti [7] - Contract Talent Solutions bill rates increased by 3.2% compared to the previous year [8] Company Strategy and Development Direction - The company aims to capitalize on emerging opportunities and support clients' talent and consulting needs through its industry-leading brand and unique business model [4][23] - The strategic engagement of contract professionals is essential for Protiviti's success and enhances the company's competitive advantage [21][22] Management's Comments on Operating Environment and Future Outlook - Management noted a return to sequential growth for the first time since early 2022, with a more conducive macro environment and improved client engagement [17][18] - Concerns about a near-term economic downturn have moderated, with significant pent-up demand for skilled professionals [18][19] - The company expects to see positive year-over-year growth in the third quarter of 2026 based on current trends [26][35] Other Important Information - The company distributed a cash dividend of $0.59 per share, totaling $59 million [5] - The tax rate for Q4 was 32%, up from 28% in the previous year, due to increased non-deductible expenses [11][12] Q&A Session Summary Question: Insights on the top line and efficiency improvements - Management expects to return to positive year-over-year growth in the third quarter, with efficiency improvements from retaining top producers during the downturn [26][27] Question: Labor uncertainty due to AI - Management noted that while AI may drive interest in flexible workers, current demand for full-time hires remains stable, particularly among small and medium-sized businesses [29] Question: Protiviti's headcount growth plans - Management indicated that Protiviti has hidden capacity due to underutilized full-time staff and contractors, allowing for growth without significant headcount increases [30][31] Question: Pricing environment and AI impact - The pricing environment remains competitive, with ongoing discussions about transitioning to more outcome-based pricing models [39][47] Question: Confidence in the ACS business line - Management expressed confidence in the ACS segment, noting that customer service areas performed better than expected despite overall weakness [40] Question: Seasonal trends for Q2 - Management indicated that Q2 typically sees modest revenue declines on the contract side but expects better margins as Protiviti recovers from seasonal lows [32][44]

Financial Performance - For Q4 2025, net income was $32 million, or $0.32 per share, on revenues of $1.302 billion, a decrease of 6% from Q4 2024 revenues of $1.382 billion [2]. - For the full year 2025, net income was $133 million, or $1.33 per share, on revenues of $5.379 billion, compared to $252 million, or $2.44 per share, on revenues of $5.796 billion in 2024 [2]. - Total service revenues for the year 2025 were $5.379 billion, with contract talent solutions contributing $2.990 billion, down from $3.358 billion in 2024 [16]. - Protiviti segment revenues for Q4 2025 were $478.961 million, slightly down from $488.759 million in Q4 2024 [16]. - Cash and cash equivalents as of December 31, 2025, were $464.435 million, down from $537.583 million in 2024 [17]. - Total stockholders' equity decreased to $1.276 billion in 2025 from $1.378 billion in 2024 [17]. Revenue Trends - Global enterprise revenues for Q4 2025 showed a 7% decline on an adjusted basis, but talent solutions and enterprise revenues returned to positive sequential growth for the first time in over three years [3]. - Weekly revenue trends during Q4 2025 indicated positive momentum, which continued into the first three weeks of January 2026 [3]. - For the three months ended December 31, 2025, total talent solutions revenue was $384,730,000, representing a gross margin of 46.7% [23]. - The total revenue for the year ended December 31, 2025, was $2,002,313,000, with a gross margin of 37.2% [23]. - Total talent solutions revenue for Q4 2025 was $391.9 million, representing a 47.6% margin, compared to $375.5 million and a 44.4% margin in Q4 2024 [26]. - For the year ended December 31, 2025, total revenue was $1.93 billion, with a 35.8% margin, compared to $2.01 billion and a 34.6% margin in 2024 [26]. Gross Margin Analysis - Adjusted gross margin for total talent solutions in 2025 was 46.8%, compared to 46.9% in 2024 [23]. - The company reported a gross margin of 39.2% for contract talent solutions in Q4 2025, slightly up from 39.1% in Q4 2024 [23]. - Permanent placement talent solutions maintained a gross margin of 99.8% for both Q4 2025 and Q4 2024 [23]. - For the year ended December 31, 2025, Protiviti's adjusted gross margin was 21.6%, compared to 22.8% in 2024 [23]. - The company’s total talent solutions revenue for the year ended December 31, 2024, was $1,802,743,000, with a gross margin of 46.9% [23]. Operating Income and Expenses - Adjusted selling, general and administrative expenses for Q4 2025 were $275.2 million, or 38.2% of revenue, down from $290.3 million, or 37.0% of revenue in Q4 2024 [26]. - The company reported a total of $1.12 billion in adjusted selling, general and administrative expenses for the year ended December 31, 2025, which is 37.4% of revenue, compared to $1.19 billion and 39.9% in 2024 [26]. - For the three months ended December 31, 2025, the total operating income was $22,451,000, reflecting a 1.7% increase compared to the same period in 2024 [29]. - Protiviti's operating income for the year ended December 31, 2025, was $112,368,000, which is a 5.8% increase from $106,092,000 in 2024 [29]. - The total talent solutions segment reported an operating loss of $12,145,000 for the year ended December 31, 2025, compared to a loss of $25,076,000 in 2024, indicating a significant improvement [29]. Market Position and Strategy - The company was recognized by Fortune as one of the World's Most Admired Companies™ for nearly three decades, highlighting its strong market position [4]. - The company plans to continue focusing on attracting and retaining qualified management personnel and enhancing its service offerings amid competitive pressures [8]. - The company continues to focus on improving operational efficiency and reducing costs, as indicated by the decrease in adjusted expenses [26]. - Future outlook includes continued investment in talent solutions and potential market expansion strategies [26]. Year-over-Year Growth Rates - The company reported a year-over-year revenue growth rate of -10.2% for total talent solutions in Q3 2025 compared to Q3 2024 [32]. - The Protiviti segment experienced a year-over-year growth rate of 11.1% in Q3 2025, indicating resilience in this area despite overall declines in other segments [32]. - The year-over-year growth rate for contract talent solutions in the U.S. was -10.4% in Q3 2025, reflecting ongoing challenges in this market [32]. - The company adjusted its financial measures to reflect a total of $82,330,000 in adjustments for the year ended December 31, 2025, which included reclassifications related to employee deferred compensation [29]. - Q3 2024 global revenue growth for Finance and Accounting reported at -9.2%, adjusted to -10.5% after accounting for billing days and currency impact [38].