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Bear Of The Day: Robert Half Inc (RHI)
Robert HalfRobert Half(US:RHI) ZACKSยท2024-07-30 12:10

Core Viewpoint - Robert Half Inc is currently facing negative earnings estimate revisions, resulting in a Zacks Rank of 5 (Strong Sell) due to a recent earnings miss and downward adjustments in earnings forecasts [2][5][6]. Company Overview - Robert Half, Inc. provides talent solutions and business consulting services, operating through segments such as Contract Talent Solutions, Permanent Placement Talent Solutions, and Protiviti [1]. - The company was founded in 1948 and is headquartered in Menlo Park, CA [1]. Earnings Performance - The most recent earnings report showed a miss, with the company posting earnings of $0.66 against a consensus estimate of $0.71 [3]. - The current fiscal year consensus earnings estimate has decreased from $2.92 to $2.69 over the past week [4]. - For the next fiscal year, the earnings estimate has also been revised down from $3.86 to $3.63 [11]. Zacks Rank Analysis - The Zacks Rank is influenced by the movement of earnings estimates, and for Robert Half, estimates have been trending lower, contributing to its current rank of 5 (Strong Sell) [9][10].