Robert Half: 2Q Earnings Snapshot
Jul. 24, 2018
MENLO PARK, Calif. (AP) _ Robert Half International Inc. (RHI) on Tuesday reported second-quarter profit of $109.3 million.
On a per-share basis, the Menlo Park, California-based company said it had profit of 89 cents.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 85 cents per share.
The staffing firm posted revenue of $1.46 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $1.43 billion.
Robert Half shares have increased 24 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 5.5 percent. In the final minutes of trading on Tuesday, shares hit $68.97, an increase of 46 percent in the last 12 months.