Heidrick & Struggles (HSII) Meets Q1 Earnings Estimates

Core Viewpoint - Heidrick & Struggles (HSII) reported quarterly earnings of $0.67 per share, matching the Zacks Consensus Estimate, with revenues of $283.58 million, exceeding expectations by 6.04% [1][2] Financial Performance - Earnings per share (EPS) for the quarter were $0.67, unchanged from the previous year, and the company has surpassed consensus EPS estimates three times in the last four quarters [1] - Revenues for the quarter were $283.58 million, compared to $265.2 million a year ago, and the company has topped consensus revenue estimates four times over the last four quarters [2] Market Performance - Heidrick & Struggles shares have declined approximately 10.4% since the beginning of the year, while the S&P 500 has decreased by 3.3% [3] - The company's current Zacks Rank is 3 (Hold), indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.70, with expected revenues of $278.07 million, and for the current fiscal year, the EPS estimate is $2.69 on revenues of $1.09 billion [7] - The staffing industry, to which Heidrick & Struggles belongs, is currently ranked in the bottom 9% of Zacks industries, which may impact stock performance [8]