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Jun 30, 2024
Robert Half Q2 2024 Earnings Report
Robert Half's financial performance declined in Q2 2024 due to client and candidate caution amidst macroeconomic and interest rate uncertainty.
Key Takeaways
Robert Half reported a decrease in revenue and net income for Q2 2024 compared to Q2 2023. Revenue decreased to $1.473 billion from $1.639 billion, and net income decreased to $68 million, or $0.66 per share, from $106 million, or $1.00 per share.
Second-quarter revenues and earnings were within the company's guidance range.
Client and candidate caution continues to impact hiring activity and new project starts.
Protiviti posted strong results, led by U.S. growth in revenues and segment income both on a sequential and year-on-year basis.
The company ranked No. 1 on Forbes’ list of America’s Best Professional Recruiting Firms.
Revenue by Segment
Forward Guidance
The company did not provide specific forward guidance in the earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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