NYSE$RHI
Robert Half Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Robert Half's financial performance in Q3 2023, with above-consensus top and bottom-line results, was influenced by macroeconomic uncertainty.
Robert Half reported net income of $96 million, or $0.90 per share, on revenues of $1.564 billion for the third quarter ended September 30, 2023. This compares to net income of $166 million, or $1.53 per share, on revenues of $1.833 billion for the same period in 2022. The company exceeded consensus expectations despite macroeconomic uncertainty.
- Robert Half delivered above-consensus top and bottom-line results for Q3.
- Talent solutions and Protiviti exceeded expectations.
- Gross margins remained strong due to pricing discipline and a higher mix of revenues from higher-skilled services.
- Operating cost base benefited from targeted actions to align costs with revenues.
Headline financials
Revenue & EPS history
Robert Half · Revenue · Quarterly
$1.56B
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
The company did not provide specific forward guidance in this earnings report.
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 Q3 2023
-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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