Robert Half International (RHI) Reports In-Line Q3 EPS
Robert Half International (NYSE: RHI) reported Q3 EPS of $0.73, in-line with the analyst estimate of $0.73. Revenue for the quarter came in at $1.31 billion versus the consensus estimate of $1.33 billion.
"Improving labor markets, particularly in the United States, contributed to higher demand for Robert Half's professional staffing and consulting services during the third quarter," said Harold M. Messmer, Jr., chairman and CEO of Robert Half. "Consolidated quarterly revenues reached record levels, fueled by strong results from Protiviti, Robert Half Technology and our permanent placement operations. Protiviti had an outstanding quarter, with revenues up 23 percent from one year ago when adjusted for currency."
Messmer continued, "This was Robert Half's 22nd straight quarter of double-digit net income and earnings per share growth on a year-over-year percentage basis. Unlevered return on equity was 38 percent."
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