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Sep 30, 2024
Robert Half Q3 2024 Earnings Report
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.
Key Takeaways
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.
Robert Half
Robert Half
Robert Half Revenue by Segment
Revenue by Segment
Protiviti Revenue
CapyFin.com 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.