NYSE$RHI
Robert Half Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Robert Half's financial performance in Q3 2024 exceeded expectations, driven by strong results from Protiviti, but revenues and net income decreased compared to Q3 2023.
Robert Half Inc. reported revenues of $1.465 billion and net income of $65 million, or $0.64 per share, for the third quarter ended September 30, 2024. These results exceeded expectations, driven by strong performance from Protiviti. However, revenues and net income decreased compared to the same quarter last year, when revenues were $1.564 billion and net income was $96 million, or $0.90 per share.
- Q3 2024 revenues reached $1.465 billion, surpassing expectations.
- Net income for Q3 2024 was $65 million, or $0.64 per share.
- Protiviti demonstrated very strong results with sequential and year-on-year revenue gains.
- Business confidence levels are improving, influenced by progress on inflation and the start of a global rate-cutting cycle.
Headline financials
Revenue & EPS history
Robert Half · Revenue · Quarterly
$1.47B
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
While client budgets remain constrained and decision cycles extended, business confidence levels are improving, aided by continuing progress on inflation and the beginning of a global rate-cutting cycle. This is reflected in our most recent weekly sequential results, which have been stable and consistent for the past 12 to 14 weeks.
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 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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro