Robert Half(RHI)

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Robert Half Wins Two Stevies® in the 2025 American Business Awards
Prnewswire· 2025-05-05 18:30
MENLO PARK, Calif., May 5, 2025 /PRNewswire/ -- Global talent solutions and business consulting firm Robert Half (NYSE: RHI) has been named the winner of two Stevies in the 23rd Annual American Business Awards. The company was honored for Best Artificial Intelligence/Machine Learning Solution and Technology Executive of the Year.Robert Half received Best Artificial Intelligence/Machine Learning for its AI Recommended Clients (ARC) tool—an advanced solution that leverages AI to help talent solutions professi ...
Robert Half(RHI) - 2025 Q1 - Quarterly Report
2025-05-02 20:05
OR SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ______________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM to . Commission File Number 1-10427 ROBERT HALF INC. (Exact name of registrant as specified in its charter) Delaware 94-1648752 (State or other juris ...
Robert Half Near Historical Low Valuation And Yielding Over 5%, Why It's Sustainable
Seeking Alpha· 2025-04-30 14:32
When 8 out of the last 9 articles written over the last year about Robert Half Inc. (NYSE: RHI ) are rated Sell, and the other one was a Hold, it's safe to say folks areMy experience stems from the hedge fund industry beginning in the mid-90's, working as a Portfolio Manager, Domestic Equity Analyst and Trader. I was the Portfolio Manager of a domestic Long/Short Equity product with gross assets that peaked over 1 Billion dollars. I am a fundamental, bottoms up, value investor on long investments, and catal ...
Robert Half: FIVE EARLY CAREER CHALLENGES FACING THE CLASS OF 2025 - AND HOW TO OVERCOME THEM
Prnewswire· 2025-04-29 14:03
MORE ABOUT BRANDI BRITTON: Brandi Britton is an executive director and career expert at Robert Half. For more than 20 years in the talent solutions industry, Britton has served as an authority on career and hiring trends at the national and regional levels. In her role, she leads brand positioning and works with leadership teams across five continents to develop growth strategies and operating processes. She also serves on the UCLA Anderson Forecast Board of Advisors. SOURCE Robert Half Limited mentorship o ...
Robert Half Research Reveals Key Priorities and Challenges Facing Today's Technology Leaders
Prnewswire· 2025-04-28 12:05
Core Insights - A significant shortage of skilled technology talent is impeding companies' ability to achieve strategic goals and modernize operations, with 74% of technology leaders planning to hire for growth but 87% facing challenges in finding qualified candidates [1][3] Group 1: Priorities and Challenges - The top priorities for technology leaders in 2025 include addressing technical debt, modernizing IT operations, and driving innovation, necessitating a strategic hiring and development plan [2][3] - Technical debt is identified as a major barrier by 55% of tech leaders, highlighting the need for specialized skills in areas like AI, cloud architecture, and cybersecurity [3] - 76% of tech leaders report skills gaps within their teams, particularly in digital transformation and enterprise resource planning (ERP), with 75% expecting demand for such skills to grow in 2025 [3][4] Group 2: ERP and Digital Transformation - 92% of tech leaders face challenges in hiring for ERP-related roles, with evolving ERP platforms requiring professionals skilled in dynamic, cloud-based solutions [3][4] - The integration of intelligent and real-time ERP systems is essential for modern IT infrastructure, yet finding qualified professionals remains a significant challenge [3] Group 3: Key Areas of Focus - Key focus areas for technology leaders include cybersecurity, AI and machine learning, technology modernization, and cloud initiatives, which are critical for improving productivity and supporting agile operations [4][5]
Robert Half: Underlying Demand Is Evidently Weak
Seeking Alpha· 2025-04-25 12:58
I’m a fundamental, valuation-driven investor with a strong focus on identifying businesses that have the potential to scale over time and unlock massive terminal value. My investment approach centers around understanding the core economics of a business—its competitive moat, unit economics, reinvestment runway, and management quality—and how those factors translate into long-term free cash flow generation and shareholder value creation. I focus on fundamental research, and I tend to focus on sectors with st ...
These Analysts Cut Their Forecasts On Robert Half After Downbeat Q1 Earnings
Benzinga· 2025-04-24 18:07
Robert Half Inc. RHI reported worse-than-expected first-quarter financial results on Wednesday.Robert Half posted quarterly earnings of 17 cents per share, missing market estimates of 36 cents per share. The company's quarterly sales came in at $1.35 billion missing estimates of $1.41 billion.“For the first quarter of 2025, global enterprise revenues were $1.352 billion, down 8 percent from last year’s first quarter on a reported basis, and down 6 percent on an adjusted basis. Business confidence levels mod ...
Robert Half Q1 Earnings & Revenues Miss Estimates, Decline Y/Y
ZACKS· 2025-04-24 16:50
Core Insights - Robert Half International Inc. (RHI) reported first-quarter 2025 results that were narrower than expected, with earnings of 17 cents per share missing consensus by 52.8% and declining 72.1% year over year. Revenues of $1.35 billion also lagged consensus by 3.4% and decreased 8.4% year over year [1] Group 1: Financial Performance - Talent Solutions revenues were $875.3 million, down 11% year over year and below the estimate of $914.2 million. U.S. Talent Solutions revenues were $676 million, down 10% year over year, while non-U.S. revenues decreased 15% to $199 million [2] - Protiviti revenues were $477 million, up 5% year over year but below the expectation of $503.1 million. U.S. Protiviti revenues increased 4% to $387 million, and non-U.S. revenues rose 8% to $90 million. Currency exchange rate movements negatively impacted revenues by $12 million [3] - Adjusted gross profit was $495 million, down 13.3% year over year, with an adjusted gross profit margin of 36.6%, declining 210 basis points year over year [4] Group 2: Balance Sheet and Cash Flow - The company ended the quarter with cash and cash equivalents of $342.5 million, down from $541 million in the first quarter of 2024. Operating cash was $59 million, and capital expenditures were $12.4 million. RHI paid out $61 million in dividends [5] Group 3: Future Guidance - For the second quarter of 2025, RHI expects revenues between $1.31 billion and $1.41 billion, with the midpoint of $1.36 billion below the current Zacks Consensus Estimate of $1.44 billion. EPS is expected to be between 36 cents and 46 cents, while the consensus estimate is 62 cents [6] - The company anticipates 63.2 billing days in the second quarter of 2025, with capital expenditures projected between $15 million and $25 million. For the full year, capital expenditures are expected to be $75 million to $95 million, with an estimated tax rate between 31% and 33% [7]
Robert Half (RHI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-04-23 23:35
Core Insights - Robert Half (RHI) reported a revenue of $1.35 billion for the quarter ended March 2025, reflecting a year-over-year decline of 8.4% and an EPS of $0.17 compared to $0.61 a year ago, indicating significant underperformance [1] - The reported revenue was 3.38% lower than the Zacks Consensus Estimate of $1.4 billion, and the EPS fell short by 52.78% compared to the consensus estimate of $0.36 [1] Revenue Performance - Total contract talent solutions revenue was $763.21 million, missing the average estimate of $802.83 million by three analysts, representing a year-over-year decline of 14% [4] - Contract talent solutions in Finance & Accounting generated $562.93 million, below the estimated $575.43 million, marking a year-over-year decrease of 12.3% [4] - Administrative and customer support contract talent solutions revenue was $165.63 million, falling short of the $179.17 million estimate, with a year-over-year decline of 17.2% [4] - Protiviti service revenues were $476.61 million, slightly below the estimate of $494.69 million, but showed a year-over-year increase of 2.7% [4] - Permanent placement talent solutions revenue was $112.09 million, below the estimate of $115.47 million, reflecting a year-over-year decline of 10.2% [4] - Technology contract talent solutions revenue was $152.54 million, missing the estimate of $157.85 million, with a year-over-year decline of 3.4% [4] Gross Margin Analysis - Gross margin for contract talent solutions was $296.93 million, below the average estimate of $316.09 million from two analysts [4] - Gross margin for Protiviti was $90.25 million, compared to the average estimate of $105.29 million from two analysts [4] - Gross margin for permanent placement talent solutions was $111.86 million, below the estimate of $117.42 million from two analysts [4] Stock Performance - Robert Half's shares have returned -13.5% over the past month, underperforming the Zacks S&P 500 composite's -6.6% change, and the stock currently holds a Zacks Rank 5 (Strong Sell) [3]
ROBERT HALF REPORTS FIRST-QUARTER FINANCIAL RESULTS
Prnewswire· 2025-04-23 20:05
Core Insights - Robert Half Inc. reported a decline in revenues and net income for the first quarter of 2025 compared to the same period in 2024, with revenues of $1.352 billion, down 8% year-over-year, and net income of $17 million, down 73% year-over-year [1][2]. Financial Performance - For Q1 2025, net income was $17 million, or $0.17 per share, compared to $64 million, or $0.61 per share, in Q1 2024 [1][2]. - Total revenues for Q1 2025 were $1.352 billion, down from $1.476 billion in Q1 2024, representing an 8% decrease on a reported basis and a 6% decrease on an adjusted basis [2][13]. Operational Insights - The decline in business was attributed to moderated client confidence due to economic uncertainties, which elongated decision cycles and subdued hiring activity [2]. - The company remains optimistic about capitalizing on emerging opportunities through its strong brand, technology, and unique business model that includes both professional staffing and consulting services [2]. Employee Engagement and Recognition - Robert Half has received significant recognition in 2025, including being named one of America's Most Innovative Companies by Fortune and one of America's Best Large Employers by Forbes [3]. - High levels of employee engagement have led to both Robert Half and Protiviti being recognized as two of Fortune's 100 Best Companies to Work For [3]. Service Revenue Breakdown - Service revenues for contract talent solutions were $763.2 million in Q1 2025, down from $887.1 million in Q1 2024 [13]. - Permanent placement talent solutions generated $112.1 million in Q1 2025, compared to $124.8 million in Q1 2024 [13]. - Protiviti's revenues were $476.6 million in Q1 2025, slightly up from $464.1 million in Q1 2024 [13]. Selected Balance Sheet Information - As of March 31, 2025, cash and cash equivalents were $342.5 million, down from $540.9 million a year earlier [13]. - Accounts receivable decreased to $786.6 million from $861.5 million year-over-year [13]. - Total assets were $2.697 billion, down from $2.890 billion in the previous year [13]. Cash Flow Information - Depreciation for Q1 2025 was $13 million, consistent with $13 million in Q1 2024 [13]. - Capital expenditures were $12.4 million in Q1 2025, compared to $11.8 million in Q1 2024 [13].