Robert Half 2nd-quarter profit increases 19 percent, beats forecast

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 ( ) using data from Zacks Investment Research. Full RHI report:


Keywords:Robert Half,Earnings Report