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 Stree ...

Robert Half (RHI) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.59%. A quarter ago, it was expected that this staffing firm would post earnings of $0.71 per share when it actually produced earnings of $0.66, delivering a surprise of -7.04%.Over the last four quarters, the company ...

MENLO PARK, Calif., Oct. 22, 2024 /PRNewswire/ -- Robert Half Inc. (NYSE: RHI) today reported revenues and earnings for the third quarter ended September 30, 2024.For the three months ended September 30, 2024, net income was $65 million, or $0.64 per share, on revenues of $1.465 billion. For the three months ended September 30, 2023, net income was $96 million, or $0.90 per share, on revenues of $1.564 billion.For the nine months ended September 30, 2024, net income was $197 million, or $1.91 per share, on ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: M. Keith Waddell President and Chief Executive Officer (650) 234-6000 ROBERT HALF REPORTS THIRD-QUARTER FINANCIAL RESULTS MENLO PARK, Calif., October 22, 2024 — Robert Half Inc. (NYSE symbol: RHI) today reported revenues and earnings for the third quarter ended September 30, 2024. For the three months ended September 30, 2024, net income was $65 million, or $0.64 per share, on revenues of $1.465 billion. For the three months ended September 30, 2023, net income wa ...

Core Viewpoint - Analysts forecast a significant decline in Robert Half's quarterly earnings and revenues, indicating potential challenges for the company in the upcoming release [1]. Financial Performance Estimates - Expected earnings per share (EPS) for Robert Half is $0.63, reflecting a year-over-year decline of 30% [1]. - Anticipated revenues are projected at $1.44 billion, showing a decrease of 7.9% compared to the same quarter last year [1]. Service Revenue Breakdown - 'Service Revenues- Permanent placement talent solutions' is estimated to reach $122.20 million, a decline of 12.7% year over year [2]. - 'Service Revenues- Protiviti' is expected to be $488.69 million, indicating a slight increase of 1.6% from the prior year [2]. - 'Service Revenues- Total contract talent solutions' is forecasted at $827.70 million, reflecting a year-over-year decrease of 12.2% [2]. Contract Talent Solutions Revenue - 'Service Revenues- Contract talent solutions- Technology' is projected at $150.28 million, down 11.9% year over year [3]. - 'Service Revenues- Contract talent solutions- Finance & Accounting' is estimated at $596.11 million, also down 11.9% year over year [3]. - 'Service Revenues- Contract talent solutions- Administrative and customer support' is expected to reach $178.03 million, indicating a decline of 9.4% from the previous year [3]. Gross Margin Estimates - 'Gross Margin- Contract talent solutions' is estimated at $334.04 million, compared to $375.16 million from the same quarter last year [3]. - 'Gross Margin- Protiviti' is projected to be $122.81 million, down from $126.10 million year over year [3]. - The consensus estimate for 'Gross Margin- Permanent placement talent solutions' stands at $119.23 million, compared to $139.68 million in the same quarter last year [4]. Stock Performance - Over the past month, Robert Half's shares have returned -0.7%, contrasting with the S&P 500 composite's +4.5% change [4]. - Currently, Robert Half holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [4].

MENLO PARK, Calif., Oct. 15, 2024 /PRNewswire/ -- Robert Half Inc. (NYSE: RHI) today announced it expects to release third-quarter 2024 earnings results on Tuesday, October 22, 2024, at approximately 4:05 p.m. EDT. Robert Half management will conduct a conference call at 5 p.m. EDT on October 22, following the release. The dial-in number is 888-394-8218 (+1-323-994-2093 outside the United States and Canada). It is recommended that participants dial in 15 minutes before the call begins. The confirmation code ...

12th Annual Survey cites among IT audit teams, 68% perceive high threat levels for cybersecurity over the next 12 months MENLO PARK, Calif., Oct. 8, 2024 /PRNewswire/ -- As the rapid adoption of artificial intelligence (AI) transforms industries, organizations are becoming increasingly aware of the elevated risks it brings— particularly in the areas of cybersecurity and data privacy. The 12th Annual Global Technology Audit Risks Survey by Protiviti and The Institute of Internal Auditors (IIA) highlights how ...

Core Insights - The 2025 Salary Guide by Robert Half reveals significant trends in hiring and compensation, highlighting the evolving labor market dynamics and the importance of flexible work arrangements and comprehensive compensation packages [2][3] Group 1: In-Office Premiums - 66% of managers are willing to increase starting salaries for new hires who work in the office for jobs that can be done remotely [3] - 59% of these managers are offering up to 20% more pay for employees who come into the office 4 to 5 days a week [3] Group 2: AI and Skill Requirements - 54% of hiring managers indicate that advancements in AI and automation are reshaping the necessary skill sets for various positions [3] - 37% of managers are hiring contract talent to support AI-related projects [3] Group 3: Comprehensive Compensation Packages - Nearly 48% of managers consider meeting candidates' salary expectations as one of their greatest hiring challenges [3] - Providing benefits and perks that enhance employee well-being and career advancement can make job offers more attractive [3] Group 4: Retirements and Skills Gaps - Retirements are a significant concern for managers, prompting strategic measures to address resulting skills gaps [3] - 45% of managers are investing in training and upskilling their current workforce, while 41% are rehiring retirees as part-time consultants [3] Group 5: Recommendations for Job Seekers - Job seekers are encouraged to leverage the 2025 Salary Guide to research current salary ranges [3] - Evaluating the entire compensation package, including benefits and perks, is essential for improving work-life balance [3] - Being open to in-office work can facilitate face-to-face interactions and training opportunities [3] - Prioritizing training and professional certifications can enhance skill sets and marketability [3] - Exploring contract positions can provide diverse project exposure and experience [3]

Group 1 - Protiviti has been recognized on the 2024 Fortune Best Workplaces for Millennials list for the sixth time, highlighting its positive work environment for millennial employees [1][2] - The firm has also been named one of the 2024 Best Companies for Multicultural Women by Seramount, marking its fourth consecutive year on this list [1][3] - Multicultural women represent 26% of the U.S. workforce, and Seramount evaluates companies on their efforts to support and advance these employees [4] Group 2 - Protiviti has implemented various initiatives to support employee growth, including education, mentorship, and community outreach programs [5] - The company has established employee network groups for women and multicultural communities to foster a supportive workplace [5] - Protiviti collaborates with diversity-focused professional organizations to enhance its recruitment of diverse candidates [5][6] Group 3 - The firm has been listed on the Fortune 100 Best Companies to Work For for 10 consecutive years and has received multiple accolades for its workplace culture [6][8] - Protiviti serves over 80% of Fortune 100 and nearly 80% of Fortune 500 companies, indicating its significant presence in the consulting industry [8]

A month has gone by since the last earnings report for Robert Half (RHI) . Shares have added about 3.7% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Robert Half due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Robert Half Q2 Earnings Miss Estimates Robert Half ...