Heidrick & Struggles Announces Strong 2019 First Quarter Results

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Heidrick & Struggles (HSII) Tops Q1 EPS by 10c, Revenues Beat; Offers Q2 Revenue Guidance Below Consensus

April 29, 2019 4:15 PM EDT

Heidrick & Struggles (NASDAQ: HSII) reported Q1 EPS of $0.62, $0.10 better than the analyst estimate of $0.52. Revenue for the quarter came in at $176.27 million versus the consensus estimate of $170.7 million.

Net revenue increased 7.2% (10.0% on constant currency basis) to $171.6 million compared to $160.1 million in the 2018 first quarterExecutive Search net revenue grew 8.6% (11.4% on constant currency basis) to $158.3 million, with Americas growing... More