NYSE$RHI
Robert Half Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Robert Half's financial performance was impacted by client and candidate caution, with revenues of $1.476 billion and net income of $64 million, or $0.61 per share.
Robert Half reported first-quarter revenues of $1.476 billion and net income of $64 million, or $0.61 per share. The company noted that client and candidate caution continued to impact hiring activity and new project starts globally, but the trend toward stabilization that began in the second half of last year continued into the first quarter of this year. The company anticipates higher sequential earnings for the second quarter, led by Protiviti.
- Revenues for the quarter were $1.476 billion, compared to $1.716 billion for the same period last year.
- Net income was $64 million, or $0.61 per share, compared to $122 million, or $1.14 per share, for the first quarter of 2023.
- The trend toward stabilization that began in the second half of last year continued into the first quarter of this year.
- Second-quarter earnings guidance anticipates higher sequential earnings for the first time in seven quarters, led by Protiviti.
Headline financials
Revenue & EPS history
Robert Half · Revenue · Quarterly
$1.48B
Revenue by segment
Robert Half · $621M total across 2 segments · Q3 2023
- Protiviti$481M-6.0%77.5%
- Permanent placement talent solutions$140M-23.3%22.5%
Forward guidance
Robert Half anticipates higher sequential earnings for the second quarter, led by Protiviti.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
-0.6%
Avg return
Earnings day
-0.1%
Avg return
5 days after
+0.5%
Avg return
30 days after
48%
33 / 69 earnings
Positive
+27.6%
Q4 2025
Best reaction
-10.9%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -7.8% | -0.0% | +0.3% | |
| Q4 2025 | +27.6% | +21.2% | -9.9% | |
| Q3 2025 | -1.2% | -2.0% | -8.0% | |
| Q2 2025 | +0.2% | +1.2% | -2.2% | |
| Q1 2025 | -3.1% | -4.7% | -2.5% | |
| Q4 2024 | -6.6% | -8.8% | -14.5% | |
| Q3 2024 | +3.1% | +3.2% | +12.4% | |
| Q2 2024 | -7.7% | -2.3% | -1.7% | |
| Q1 2024 | -3.0% | -3.3% | -6.9% | |
| Q4 2023 | -2.1% | -0.4% | -1.0% | |
| Q3 2023 | +1.5% | +0.7% | +12.5% | |
| Q2 2023 | -5.8% | -6.9% | -7.3% | |
| Q1 2023 | +2.0% | +2.0% | -5.9% | |
| Q4 2022 | +8.0% | +6.4% | -0.4% | |
| Q3 2022 | -9.7% | -7.5% | -6.6% | |
| Q2 2022 | -7.8% | -9.8% | -2.6% | |
| Q1 2022 | -10.9% | -12.4% | -22.5% | |
| Q4 2021 | -0.7% | +3.1% | +8.8% | |
| Q3 2021 | +3.1% | +2.3% | +7.8% | |
| Q2 2021 | +6.1% | +8.6% | +16.7% | |
| Q1 2021 | +4.9% | +7.9% | +8.3% | |
| Q4 2020 | +3.1% | +3.1% | +18.8% | |
| Q3 2020 | -6.6% | -9.0% | +10.2% | |
| Q2 2020 | -1.5% | -4.5% | +3.4% | |
| Q1 2020 | +6.6% | +12.0% | +14.7% | |
| Q4 2019 | -4.7% | -2.7% | -17.4% | |
| Q3 2019 | +3.8% | +5.8% | +3.3% | |
| Q2 2019 | +9.3% | +6.5% | -4.9% | |
| Q1 2019 | -6.5% | -7.3% | -16.6% | |
| Q4 2018 | +7.3% | +4.5% | +12.2% | |
| Q3 2018 | -9.5% | -7.7% | -7.4% | |
| Q2 2018 | +7.9% | +9.2% | +11.9% | |
| Q1 2018 | +3.6% | +4.8% | +9.2% | |
| Q4 2017 | +0.5% | -2.4% | -1.5% | |
| Q3 2017 | +1.5% | +3.9% | +7.4% | |
| Q2 2017 | -6.2% | -5.0% | -7.3% | |
| Q1 2017 | +4.4% | +4.6% | +2.2% | |
| Q4 2016 | -7.0% | -5.5% | -3.7% | |
| Q3 2016 | -4.9% | -3.2% | +17.1% | |
| Q2 2016 | -10.0% | -10.8% | -6.2% | |
| Q1 2016 | -10.5% | — | — | |
| Q4 2015 | -9.5% | — | — | |
| Q3 2015 | -6.2% | — | — | |
| Q2 2015 | -6.9% | — | — | |
| Q1 2015 | -4.2% | — | — | |
| Q4 2014 | +1.0% | — | — | |
| Q3 2014 | +7.8% | — | — | |
| Q2 2014 | +8.0% | — | — | |
| Q1 2014 | +2.6% | — | — | |
| Q4 2013 | +0.7% | — | — | |
| Q3 2013 | -3.1% | — | — | |
| Q2 2013 | +2.6% | — | — | |
| Q1 2013 | -9.3% | — | — | |
| Q4 2012 | +5.5% | — | — | |
| Q3 2012 | +5.7% | — | — | |
| Q2 2012 | -6.3% | — | — | |
| Q1 2012 | -3.8% | — | — | |
| Q4 2011 | -0.1% | — | — | |
| Q3 2011 | -2.3% | — | — | |
| Q2 2011 | -1.1% | — | — | |
| Q1 2010 | -0.6% | — | — | |
| Q1 2011 | +3.1% | — | — | |
| Q4 2010 | +0.0% | — | — | |
| Q4 2008 | +0.0% | — | — | |
| Q3 2010 | -0.8% | — | — | |
| Q3 2009 | -0.8% | — | — | |
| Q2 2009 | +2.1% | — | — | |
| Q4 2009 | +2.1% | — | — | |
| Q2 2010 | +2.1% | — | — |
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