Robert Half International (RHI) Q1 Earnings: What's In Store?
Zacks Investment Research | Apr 15, 2018 11:03PM ET
Robert Half International Inc. (NYSE:RHI) is expected to report first-quarter 2018 results on Apr 19. Notably, the top- and bottom-line results of this leading staffing solutions provider surpassed the Zacks Consensus Estimate in two of the preceding four quarters.
Considering this, let’s delve into how things are shaping up for the upcoming announcement.
What to Expect
The Zacks Consensus Estimate for first-quarter earnings has been stable over the past 30 days at 73 cents. Projected earnings for the quarter depict year-over-year growth of 17.7%. Further, analysts polled by Zacks expect net sales of $1,358 million to be up 5.5% year over year.
The company expects revenues in the range of $1,335-$1,395 million for the said quarter. In addition, it envisions earnings in the range of 70-76 cents per share. Encouragingly, the mid-point of these projections reflects year-over-year top-line (constant currency) and bottom-line growth of 4.2% and 18%, respectively.
Notably, shares of Robert Half International have surged 32% over the past year, outperforming the 25.9% rally of the Zacks Investment Research
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