For the quarter ended December 2024, Robert Half (RHI) reported revenue of $1.38 billion, down 6.2% over the same period last year. EPS came in at $0.53, compared to $0.83 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.39 billion, representing a surprise of -0.33%. The company delivered an EPS surprise of -1.85%, with the consensus EPS estimate being $0.54.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

Robert Half (RHI) came out with quarterly earnings of $0.53 per share, missing the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.83 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.85%. A quarter ago, it was expected that this staffing firm would post earnings of $0.63 per share when it actually produced earnings of $0.64, delivering a surprise of 1.59%.Over the last four quarters, the company ...

Core Insights - Robert Half Inc. reported a decline in both revenues and net income for the fourth quarter and the full year of 2024 compared to 2023, with Q4 net income at $54 million and revenues at $1.382 billion, down from $87 million and $1.473 billion respectively in Q4 2023 [1][2][3] - The company expressed optimism about future growth, citing a rise in U.S. business confidence following recent elections and stable contract revenues throughout the quarter [3][4] - Robert Half was recognized for its workplace culture and industry standing, being named one of Fortune's World's Most Admired Companies for the 28th consecutive year [4] Financial Performance - For Q4 2024, net income was $54 million ($0.53 per share) on revenues of $1.382 billion, compared to $87 million ($0.83 per share) on revenues of $1.473 billion in Q4 2023 [1][2] - For the full year 2024, net income was $252 million ($2.44 per share) on revenues of $5.796 billion, down from $411 million ($3.88 per share) on revenues of $6.393 billion in 2023 [2] - The gross margin for Q4 2024 was $536.1 million, a decrease from $584.2 million in Q4 2023, while the gross margin for the full year was $2.247 billion, down from $2.575 billion in 2023 [14][20] Business Segments - The Protiviti segment reported year-on-year revenue growth for the second consecutive quarter, contributing $488.8 million in Q4 2024, compared to $464 million in Q4 2023 [14][25] - Contract talent solutions generated $785.5 million in Q4 2024, down from $887.4 million in Q4 2023, while permanent placement talent solutions brought in $108.1 million, also down from $121.6 million [14][25] Market Position and Recognition - Robert Half was recognized as one of Fortune's Best Workplaces for Parents and named one of America's Most Responsible Companies by Newsweek [4] - The company highlighted its unique position in the industry, emphasizing its brand strength, technology, and business model that integrates professional staffing and consulting services [3][4] Future Outlook - Management expressed confidence in capitalizing on emerging opportunities in the new year, supported by a strong brand and operational capabilities [3] - The company plans to continue focusing on its talent and consulting needs to support clients effectively [3]

FOR IMMEDIATE RELEASE Exhibit 99.1 Contact: M. Keith Waddell President and Chief Executive Officer (650) 234-6000 ROBERT HALF REPORTS FOURTH-QUARTER FINANCIAL RESULTS MENLO PARK, Calif., January 29, 2025 — Robert Half Inc. (NYSE symbol: RHI) today reported revenues and earnings for the fourth quarter ended December 31, 2024. For the three months ended December 31, 2024, net income was $54 million, or $0.53 per share, on revenues of $1.382 billion. For the three months ended December 31, 2023, net income was ...

More than 1,000 employees also promoted throughout global consulting firm MENLO PARK, Calif., Jan. 23, 2025 /PRNewswire/ -- Protiviti has promoted 22 people to the positions of managing director and senior director as of January 2025 to help its clients face ever increasing challenges related to AI, technology modernization, compliance with regulations, data and security, among other areas. These newly promoted leaders possess the experience and knowledge to support its clients' opportunities for growth whi ...

MENLO PARK, Calif., Jan. 21, 2025 /PRNewswire/ -- Two executives from global talent solutions and business consulting firm Robert Half (NYSE: RHI) have been named to the Staffing Industry Analysts' 2025 North America Staffing 100 list: president and CEO of Talent Solutions Paul F. Gentzkow and operational president Dawn Fay. Each was selected for their outstanding leadership and contributions to the staffing industry. Gentzkow has spearheaded talent solutions at Robert Half for nearly four decades. Under hi ...

Robert Half Inc.’s (RHI) wholly-owned subsidiary, Protiviti, has witnessed a consistent rise in revenues in the past quarters, boosting the company’s top line. RHI is popular among dividend-seeking investors. A strong liquidity position makes it appealing. Meanwhile, the company operates in a highly competitive environment, and declining EBITDA suggests weak operational performance.The stock has gained 5.6% in the past six months against the 8.2% decline of the industry it belongs to. It has also outperform ...

MENLO PARK, Calif., Jan. 14, 2025 /PRNewswire/ -- Protiviti, a global consulting firm, announces its adoption of Ardoq's cloud-native Enterprise Architecture platform for internal use. This relationship will enhance the firm's operations by increasing efficiency, transparency, and agility. The move builds upon Protiviti's proven expertise as a provider of Enterprise Architecture services that leverages Ardoq's technology to drive successful business and digital transformations worldwide.Kim Bozzella, global ...

Labor Market and Talent Demand - The labor market is facing significant skills shortages, leading to intense competition for top talent [1] - Robert Half (NYSE: RHI), as a specialized talent solutions provider, is experiencing high demand for its talent base [1] - Companies are increasingly selective in their hiring processes, focusing on acquiring the best talent [1] Investment Focus and Strategy - The investment strategy emphasizes undercovered European and US companies, with a focus on value and income [1] - A diversified portfolio approach is favored, with a particular interest in European companies that are often overlooked [1] - The investment thesis prioritizes shareholder-friendly management teams and often takes a contrarian stance against prevailing market opinions [1] Analyst Background and Expertise - The analyst has over 20 years of consulting experience across various sectors including Hi-Tech, Biotech, Healthcare, Mission Critical, Retail, Residential, and Commercial Sectors [1] - With more than 15 years of investing experience, the analyst is associated with BioCGT Investor and contributes as an author on Seeking Alpha [1] Disclosure and Compensation - The analyst has no stock, option, or derivative positions in the mentioned companies and no plans to initiate such positions within the next 72 hours [2] - The article reflects the analyst's own opinions and is not compensated by any company mentioned, except for Seeking Alpha [2] - There is no business relationship with any company whose stock is mentioned in the article [2]

Hiring Trends - 63% of companies plan to expand permanent roles in the first half of 2025, up from 52% six months ago [1] - 63% of companies will increase the number of contract professionals [1] - 34% of companies plan to fill vacated positions [1] - 57% of companies added new positions in the first half of 2024, compared to 63% planning to do so in the first half of 2025 [3] - 39% of companies filled vacated positions in the first half of 2024, compared to 34% planning to do so in the first half of 2025 [3] - Only 3% of companies plan to implement a hiring freeze in the first half of 2025, down from 4% in the second half of 2024 [3] Factors Driving Hiring - 56% of managers cite company growth as the primary factor influencing hiring decisions for the first half of 2025 [4] - 48% of managers cite the emergence of new projects as a key factor driving hiring [4] - 47% of managers identify employee turnover rates as a significant factor impacting hiring plans [4] Impact of Delayed Hiring - 42% of hiring managers report stretched bandwidth and employee burnout as the greatest impact of not filling roles in a timely manner [5] - 39% of hiring managers cite delayed project timelines as a consequence of delayed hiring [5] - 37% of hiring managers note decreased employee productivity due to unfilled roles [5] Strategies for Attracting and Retaining Talent - 35% of managers plan to develop or enhance mentorship programs to secure top talent [6] - 33% of managers intend to hire contract professionals for potential full-time roles [6] - 32% of managers plan to offer paid internships [6] - 22% of managers consider rehiring retired employees as consultants [6] Research Methodology - The survey was conducted in November 2024 and includes responses from over 1,680 managers with hiring responsibilities across various industries [7] - Respondents represent companies with 10 or more employees in the US [7]