Wall Street is expecting higher profit for Robert Half International when the company reports its fourth quarter results on Thursday, January 29, 2015. The consensus estimate is calling for profit of 61 cents a share, a rise from 49 cents per share a year ago.
Analysts are projecting earnings of $2.24 per share for the fiscal year. Revenue is projected to be 12% above the year-earlier total of $1.08 billion at $1.21 billion for the quarter. For the year, revenue is projected to roll in at $4.69 billion.
The company has seen steady earnings for the last eight quarters, and for the last four, net income has increased year-over-year by an average of 18%. The biggest gain came in the most recent quarter with a 27% surge.
Over the last four quarters, revenue has increased 8% on average year-over-year. The biggest increase came in the most recent quarter, when revenue rose 13% from the year-earlier quarter.
The majority of analysts (67%) rate Robert Half as a buy. This compares favorably to the analyst ratings of six similar companies, which average 57% buys.
Robert Half International offers specialized staffing and risk consulting services in North America, South America, Europe, Asia and Australia. Kelly Services, also in the business services industry, will report earnings on Thursday, January 29, 2015. Analysts are expecting earnings of 20 cents per share for Kelly Services, down 57% from last year's earnings of 46 cents per share. Other companies in the business services industry with upcoming earnings release dates include: ManpowerGroup, Barrett Business Services and Trueblue.
Earnings estimates provided by Zacks.
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