What’s in the Offing for Robert Half (RHI) in Q4 Earnings?


Robert Half International Inc. RHI is scheduled to report fourth-quarter 2021 results on Jan 27, after the bell.

The company has an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in all of the trailing four quarters, delivering an earnings surprise of 20.5%, on average.

Expectations This Time Around

The Zacks Consensus Estimate for Robert Half’s revenues in the to-be-reported quarter is pegged at $1.7 billion, indicating 30.1% growth from the year-ago reported figure. The company’s top line is expected to have benefited from strength in permanent placement, temporary and consultant staffing, as well as Protiviti operations.

The bottom line is likely to have benefited from operating strength, the consensus mark for which is pegged at $1.43 per share, signaling more than 70.2% year-over-year growth.

What Our Model Says

Our proven model does not conclusively predict an earnings beat for Robert Half 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 to buy or sell before they are reported with our Earnings ESP Filter.

Robert Half has an Earnings ESP of 0.00% and a Zacks Rank #3.

You can see the complete list of today’s Zacks #1 Rank stocks here.

 

Robert Half International Inc. Price and EPS Surprise

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

Stocks That Warrant a Look

Here are a few stocks from the broader Zacks Business Services sector that investors may consider, as our model shows that these have the right combination of elements to beat on earnings this season:

Clean Harbors CLH has an Earnings ESP of +7.20% and a Zacks Rank #2. It has a trailing four-quarter earnings surprise of 50.5%, on average.

CLH has had a decent run on the bourses over the past year, with shares appreciating 15.9% against 11.3% decline of the industry it belongs to.

WEX WEX has an Earnings ESP of +1.21% and a Zacks Rank #3. It has a trailing four-quarter earnings surprise of 8.6%, on average.

WEX’s shares have lost 24.4% over the past year, compared with 23.5% decline of the industry it belongs to.

Booz Allen Hamilton BAH has an Earnings ESP of +3.74% and a Zacks Rank #3. It has a trailing four-quarter earnings surprise of 12.7%, on average.

BAH’s shares have declined 11.2% over the past year compared with 7.5% decline of the industry it belongs to.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.

Download FREE: How to Profit from Trillions on Spending for Infrastructure >>

Click to get this free report

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

Clean Harbors, Inc. (CLH): Free Stock Analysis Report

Booz Allen Hamilton Holding Corporation (BAH): Free Stock Analysis Report

WEX Inc. (WEX): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.





Source link

Leave a Reply

Copyright © 2022 Billionaire Club Co LLC. All rights reserved

Chat
Loading the chat ...