Robert Half International (RHI) Tops Q4 EPS by 16c, Revenues Beat
Robert Half International (NYSE: RHI) reported Q4 EPS of $0.84, $0.16 better than the analyst estimate of $0.68. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.22 billion.
"Fourth-quarter results for both our Protiviti and staffing operations were very strong and exceeded the top end of our guidance range," said M. Keith Waddell, president and CEO of Robert Half. "Protiviti reported its 13th consecutive quarter of year-on-year revenue gains, with particular strength in its technology consulting practice and managed solutions with staffing. Our staffing operations reported broad-based, double-digit, quarter-on-quarter sequential revenue growth on an as-adjusted basis."
Waddell added, "Return on invested capital for the company was 31 percent in the fourth quarter."
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