Robert Half (RHI) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Core Viewpoint - Analysts project that Robert Half (RHI) will report quarterly earnings of $0.36 per share, reflecting a 41% decline year over year, with revenues expected to reach $1.4 billion, down 5.2% from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 3.7% over the past 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts estimate 'Service Revenues- Contract talent solutions- Administrative and customer support' to be $179.17 million, a decrease of 10.4% year over year [5]. - 'Service Revenues- Total contract talent solutions' is expected to be $802.83 million, indicating a decline of 9.5% from the prior-year quarter [5]. - 'Service Revenues- Contract talent solutions- Technology' is projected at $157.85 million, showing a slight decrease of 0.1% year over year [6]. - 'Service Revenues- Protiviti' is estimated to reach $494.69 million, reflecting a growth of 6.6% year over year [6]. - 'Service Revenues- Contract talent solutions- Finance & Accounting' is expected to be $575.43 million, down 10.4% from the prior-year quarter [7]. - 'Service Revenues- Permanent placement talent solutions' is projected at $115.47 million, indicating a decline of 7.5% year over year [7]. Gross Margin Estimates - 'Gross Margin- Contract talent solutions' is forecasted to be $316.09 million, compared to $350.57 million reported in the same quarter last year [8]. - The consensus for 'Gross Margin- Protiviti' stands at $105.29 million, up from $87.68 million year over year [8]. - 'Gross Margin- Permanent placement talent solutions' is expected to reach $117.42 million, down from $124.55 million reported in the same quarter last year [9]. Stock Performance - Robert Half shares have decreased by 17.8% in the past month, contrasting with an 8.9% decline in the Zacks S&P 500 composite [9]. - With a Zacks Rank 5 (Strong Sell), RHI is anticipated to underperform the overall market in the near future [9].