Robert Half International Inc. Up 4.79% To $84.78 After Earnings Beat

Robert Half International Inc. (RHI) said after close Thursday that it earned $1.37 per share in quarter four 2022.

On the revenue line, the company reported $1.7 billion, missing estimates by $13 million.

In the same quarter a year ago, the company earned $1.51 per share on revenue of $1.8 billion.

The stock is up 4.79% to $84.78 after the report.

Robert Half International Inc.'s profit margins took a hit as earnings fell at a faster pace than revenues.

The average recommendation from Wall Street analysts was a Hold which may get revised based on this new data.

InvestorsObserver gives the stock a Bullish Sentiment score at the moment based on recent trading.

Robert Half International Inc. has performed poorly during the past few months, garnering a low Long-Term Technical Rank by InvestorsObserver of 20, putting Robert Half International Inc. in the bottom 25% of stocks. The firm set a 52-week low on October 21, 2022 at $65.4 and set a 52-week high on February 9, 2022 at $125.77.

Robert Half International Inc is founded in 1948, Robert Half provides temporary, permanent, and project-based staffing to corporations seeking employees in the finance, accounting, and technology. It is one of the largest global staffing firms, operating hundreds of locations in several countries. Its Protiviti subsidiary provides risk and business consulting and internal audit services to corporations through scores of global offices. The firm generates annual revenue of over $6.46 billion.