Robert Half International
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Robert Half International missed slightly on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded, and GAAP earnings per share increased significantly.
Margins grew across the board.
Robert Half International chalked up revenue of $973.5 million. The 13 analysts polled by S&P Capital IQ looked for a top line of $989.5 million. Sales were 14% higher than the prior-year quarter's $851.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
Non-GAAP EPS came in at $0.30. The 16 earnings estimates compiled by S&P Capital IQ predicted $0.31 per share on the same basis. GAAP EPS of $0.31 for Q4 were 76% higher than the prior-year quarter's $0.17 per share.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
For the quarter, gross margin was 39.8%, 140 basis points better than the prior-year quarter. Operating margin was 7.4%, 240 basis points better than the prior-year quarter. Net margin was 4.4%, 150 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $989.7 million. On the bottom line, the average EPS estimate is $0.28.
Next year's average estimate for revenue is $4.13 billion. The average EPS estimate is $1.35.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 143 members out of 166 rating the stock outperform, and 23 members rating it underperform. Among 62 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 56 give Robert Half International a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Robert Half International is outperform, with an average price target of $32.15.
- Add Robert Half International to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.