Robert Half International (RHI) Tops Q1 EPS by 4c

Robert Half International (NYSE: RHI) reported Q1 EPS of $0.62, $0.04 better than the analyst estimate of $0.58. Revenue for the quarter came in at $1.29 billion versus the consensus estimate of $1.28 billion.

"We were pleased 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 largely 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."

For earnings history and earnings-related data on Robert Half International (RHI) click here.

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