Ahead of Robert Half (RHI) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics

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].