Robert Half Gears up for Q4 Earnings: What's in the Cards?

Zacks
28 Jan

Robert Half International Inc. RHI is scheduled to report its fourth-quarter 2024 results on Jan. 29, after the bell.

See Zacks Earnings Calendar to stay ahead of market-making news.

The company’s earnings surprise history has not been impressive. Although earnings surpassed the Zacks Consensus Estimate in three of the past four quarters and missed once, the average surprise is a negative 0.6%.

Robert Half Inc. Price and EPS Surprise

Robert Half Inc. price-eps-surprise | Robert Half Inc. Quote

Expectations This Time Around

The Zacks Consensus Estimate for Robert Half’s revenues in the to-be-reported quarter is pegged at $1.39 billion, indicating a year-over-year decline of 5.8%.

The company’s top line is expected to have been negatively impacted by weakness in Talent Solutions. Our estimate for Talent Solutions revenues is pegged at $902.6 million, indicating a year-over-year decline of 10.5%. The consensus mark for the bottom line is pegged at 54 cents per share, indicating a 35% year-over-year decline.

What Our Model Says

Our proven model does not conclusively predict an earnings beat for RHI this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks before they're reported with our Earnings ESP Filter.

RHI has an Earnings ESP of -4.67% and a Zacks Rank of 3.

Stocks That Warrant a Look

Here are a few stocks from the broader Business Services sector, which, according to our model, have the right combination of elements to beat on earnings this season.

FIS FIS:The Zacks Consensus Estimate for the company’s fourth-quarter 2024 revenues is pegged at $2.6 billion, indicating 4.9% year-over-year growth. The consensus mark for earnings stands at $1.4, suggesting 43.6% growth from the year-ago reported quarter. Earnings have surpassed the Zacks Consensus Estimate in the trailing four quarters with an average earnings surprise of 8.2%.

FIS has an Earnings ESP of +0.41% and a Zacks Rank of 2 at present. The company is scheduled to post its fourth-quarter results on Feb. 11. You can see the complete list of today’s Zacks #1 Rank stocks here.

S&P Global SPGI: The Zacks Consensus Estimate for the company’s fourth-quarter 2024 revenues is pegged at $3.5 million, indicating a year-over-year increase of 10.2%. For earnings, the consensus mark is pegged at $3.4 per share, suggesting 8.6% growth from that reported in the year-ago quarter. The company beat the Zacks Consensus Estimate in three of the past four quarters and missed once, with an average surprise of 6.3%.

SPGI has an Earnings ESP of +0.94% and a Zacks Rank #2 at present. The company is scheduled to declare its fourth-quarter results on Feb. 11.

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Fidelity National Information Services, Inc. (FIS) : Free Stock Analysis Report

Robert Half Inc. (RHI) : Free Stock Analysis Report

S&P Global Inc. (SPGI) : Free Stock Analysis Report

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