Wall Street brokerages expect that Robert Half International Inc. (NYSE:RHI) will report earnings per share of $0.69 for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for Robert Half International’s earnings, with the lowest EPS estimate coming in at $0.67 and the highest estimate coming in at $0.72. Robert Half International posted earnings per share of $0.71 in the same quarter last year, which suggests a negative year over year growth rate of 2.8%. The firm is scheduled to report its next quarterly earnings report on Wednesday, October 25th.

According to Zacks, analysts expect that Robert Half International will report full year earnings of $2.62 per share for the current year, with EPS estimates ranging from $2.56 to $2.70. For the next year, analysts expect that the business will report earnings of $2.82 per share, with EPS estimates ranging from $2.68 to $3.00. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that follow Robert Half International.

Robert Half International (NYSE:RHI) last issued its earnings results on Tuesday, July 25th. The business services provider reported $0.64 EPS for the quarter, missing the Zacks’ consensus estimate of $0.66 by ($0.02). The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.32 billion. Robert Half International had a net margin of 6.29% and a return on equity of 29.97%. Robert Half International’s quarterly revenue was down 2.7% on a year-over-year basis. During the same quarter last year, the company earned $0.71 earnings per share.

Several research analysts recently weighed in on the company. ValuEngine cut Robert Half International from a “buy” rating to a “hold” rating in a research note on Thursday, October 5th. SunTrust Banks, Inc. downgraded Robert Half International from a “buy” rating to a “hold” rating and set a $52.00 target price for the company. in a report on Wednesday. BMO Capital Markets reaffirmed a “hold” rating and set a $45.00 target price on shares of Robert Half International in a report on Tuesday, July 11th. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Robert Half International in a report on Friday, July 14th. Finally, BidaskClub raised Robert Half International from a “strong sell” rating to a “sell” rating in a report on Saturday, August 26th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $49.83.

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Several hedge funds and other institutional investors have recently made changes to their positions in the company. Investment Counselors of Maryland LLC lifted its holdings in shares of Robert Half International by 0.5% during the second quarter. Investment Counselors of Maryland LLC now owns 4,715 shares of the business services provider’s stock valued at $226,000 after purchasing an additional 24 shares during the last quarter. Financial Counselors Inc. lifted its stake in Robert Half International by 0.4% in the 2nd quarter. Financial Counselors Inc. now owns 8,449 shares of the business services provider’s stock worth $405,000 after acquiring an additional 35 shares in the last quarter. Gateway Investment Advisers LLC lifted its stake in Robert Half International by 0.5% in the 2nd quarter. Gateway Investment Advisers LLC now owns 8,352 shares of the business services provider’s stock worth $400,000 after acquiring an additional 38 shares in the last quarter. Contravisory Investment Management Inc. lifted its stake in Robert Half International by 0.7% in the 2nd quarter. Contravisory Investment Management Inc. now owns 5,469 shares of the business services provider’s stock worth $262,000 after acquiring an additional 39 shares in the last quarter. Finally, Empirical Finance LLC lifted its stake in Robert Half International by 0.3% in the 2nd quarter. Empirical Finance LLC now owns 22,115 shares of the business services provider’s stock worth $1,060,000 after acquiring an additional 73 shares in the last quarter. 84.10% of the stock is owned by institutional investors and hedge funds.

Shares of Robert Half International (NYSE RHI) traded up 0.22% during midday trading on Friday, hitting $49.01. 1,090,924 shares of the stock were exchanged. The firm has a 50-day moving average price of $47.85 and a 200 day moving average price of $46.81. The firm has a market cap of $6.11 billion, a PE ratio of 19.00 and a beta of 1.27. Robert Half International has a 12-month low of $34.42 and a 12-month high of $51.76.

The business also recently announced a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, August 25th were issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.96%. The ex-dividend date was Wednesday, August 23rd. Robert Half International’s dividend payout ratio is 37.21%.

About Robert Half International

Robert Half International Inc provides specialized staffing and risk consulting services. The Company provides these services through its divisions, including Accountemps, Robert Half Finance & Accounting, OfficeTeam, Robert Half Technology, Robert Half Management Resources, Robert Half Legal, The Creative Group and Protiviti.

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Earnings History and Estimates for Robert Half International (NYSE:RHI)

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