Robert Half (NYSE:RHI) has experienced a challenging period with the company's Q2 earnings missing estimates and declining year over year. Simultaneously, the company's price targets have been downgraded and its stock has underperformed its competitors, hitting a new one-year low. Several brokers, such as JP Morgan Chase & Co. and Barclays, have subsequently lowered their price targets for Robert Half due to the disappointing earnings report. However, amidst the financial uncertainty, Robert Half was recognized as the Best Employer for Women in 2024 by Forbes, a
Best Workplace for Millennials 2024, and a best place to work for Disability Inclusion in 2024. The company is expected to post Q3 and Q4 earnings with William Blair forecasting earnings per share at $0.67 in Q3, indicating a potential recovery, despite the ongoing challenges in the operating environment. Investment firms like Magnetar Financial, Vanguard Group, and UniSuper Management have recently increased their investments in Robert Half. Even in the current turbulence, Robert Half has maintained its social and corporate responsibilities.
Robert Half RHI News Analytics from Tue, 10 Oct 2023 07:00:00 GMT to Sun, 28 Jul 2024 20:42:56 GMT -
Rating -4
- Innovation 0
- Information 2
- Rumor -4
