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Wednesday, April 21, 2021

Robert Half (RHI) reported earnings on Wed 21 Apr 21 (a/h)

** charts after earnings **
 


 
Robert Half beats by $0.20, beats on revs
  • Reports Q1 (Mar) earnings of $0.98 per share, excluding non-recurring items, $0.20 better than the S&P Capital IQ Consensus of $0.78; revenues fell 7.2% year/year to $1.4 bln vs the $1.35 bln S&P Capital IQ Consensus.
  • "Protiviti's revenues grew 35 percent year-on-year, reflecting continued momentum across its wide array of service offerings, including very strong managed solutions with staffing. This is Protiviti's 14th consecutive quarter of year-on-year revenue gains. Our staffing operations significantly outperformed their historical sequential trends, led by small- and medium-size businesses and permanent placement, which grew 22 percent sequentially."

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