MENLO PARK, Calif. – Robert Half International Inc. (RHI) on Tuesday reported earnings that rose by 19 percent in its second quarter, and topped analysts' expectations.
The Menlo Park, California-based company said earnings increased to $75.1 million, or 55 cents per share, from $63.1 million, or 46 cents per share, in the same quarter a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for profit of 52 cents per share.
The company said revenue climbed 9.6 percent to $1.16 billion from $1.06 billion in the same quarter a year ago, and beat Wall Street forecasts. Analysts expected $1.14 billion, according to Zacks.
Robert Half shares have increased $6.21, or 15 percent, to $48.20 since the beginning of the year, while the Standard & Poor's 500 index has risen 7.3 percent. The stock has climbed $12.36, or 34 percent, in the last 12 months.
This story was generated automatically by Automated Insights (http://automatedinsights.com/ap ) using data from Zacks Investment Research. Full RHI report: http://www.zacks.com/ap/RHI
Keywords:Robert Half,Earnings Report