On Thursday, Shares of Robert Half International Inc. (NYSE:RHI), added 1.57% and closed at $45.91 in the last trading session. The last trading range of the stock ranges between $45.08 and $45.93. Robert Half International Inc. (NYSE symbol: RHI) recently stated revenues and earnings for the first quarter ended March 31, 2017. For the quarter ended March 31, 2017, net income was $79 million, or $.62 per share, on revenues of $1.29 billion. Net income for the prior year’s first quarter was $83 million, or $.64 per share, on revenues of $1.30 billion.
“We were happy with our financial results for the first quarter, particularly our international staffing operations and Protiviti,” said Harold M. Messmer, Jr., chairman and CEO of Robert Half. “Return on invested capital was 29 percent during the quarter.”
Commenting further on the results, Messmer said: “While the U.S. economic environment is mostly stable, and the job market is strong, the hiring cycle remains uncharacteristically long as employers take more time to make hiring decisions. Recent reports show a noticeable improvement in optimism about U.S. economic prospects, which should shorten the hiring cycle and benefit our business.”
Robert Half administration will conduct a conference call recently at 5 p.m. EDT. The prepared remarks for this call are available now in the Shareholder Center of the Robert Half website Simply click on the Quarterly Conference Calls link. The dial-in number to listen to recently’s conference call is 877-814-0475 (+1-706-643-9224 outside the United States). The password is “Robert Half.”
A taped recording of this call will be available for replay starting at about 8 p.m. EDT recently and ending at 11:59 p.m. EDT on May 20. The dial-in number for the replay is 855-859-2056 (+1-404-537-3406 outside the United States). To access the replay, enter conference ID# 97658080. The conference call also will be archived in audio format on the company’s website.
Founded in 1948, Robert Half is the world’s first and leading specialized staffing firm and a recognized leader in professional consulting and staffing services. The company’s specialized staffing divisions include Accountemps®, Robert Half® Finance & Accounting and Robert Half® Administration Resources, for temporary, full-time and senior-level project professionals, respectively, in the fields of accounting and finance; OfficeTeam®, for highly skilled administrative support professionals; Robert Half® Technology, for project and full-time technology professionals; Robert Half® Legal, for project and full-time staffing of lawyers, paralegals and legal support personnel; and The Creative Group®, for interactive, design, marketing, advertising and public relations professionals. Robert Half also is the parent company of Protiviti®, a global consulting firm that provides clients with consulting solutions in finance, technology, operations, data, analytics, governance, risk and internal audit.
Analyst recommendation for this stock stands at 2.80.