Back to top

Image: Bigstock

Robert Half International Inc.

Read MoreHide Full Article

Shares of Robert Half have underperformed the industry on a year-to-date basis. We note that Robert Half reported dismal second-quarter 2017 results, wherein earnings missed the Zacks Consensus Estimate. The company’s revenues missed the Zacks Consensus Estimate in four out of the trailing five quarters, which includes the recently reported quarter. Both sales and earnings depicted a year-over-year decline primarily due to sluggish hiring activity in the U.S. and soft results from the Protiviti segment. Despite a stronger job market, the hiring cycle remains long as employers take more time to make hiring decisions, which is negatively affecting company’s profits. Rising costs and currency fluctuation also pose concerns for the company. Nevertheless, Robert Half has been steadily investing in technology and software to ensure future growth.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Robert Half International Inc. (RHI) - free report >>

Published in