MENLO PARK, Calif. (AP) — Robert Half International Inc. (RHI) on Thursday reported second-quarter profit of $149.2 million.

On a per-share basis, the Menlo Park, California-based company said it had profit of $1.33.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share.

The staffing firm posted revenue of $1.58 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $1.48 billion.

Robert Half shares have risen 39% since the beginning of the year, while the S&P's 500 index has climbed 16%. In the final minutes of trading on Thursday, shares hit $86.66, an increase of 62% in the last 12 months.

—————

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RHI at https://www.zacks.com/ap/RHI

Copyright by Automated Insights, Inc. All rights reserved.

Recommended for you

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.

Thank you for visiting the Daily Journal.

Please purchase an Enhanced Subscription to continue reading. To continue, please log in, or sign up for a new account.

We offer one free story view per month. If you register for an account, you will get two additional story views. After those three total views, we ask that you support us with a subscription.

A subscription to our digital content is so much more than just access to our valuable content. It means you’re helping to support a local community institution that has, from its very start, supported the betterment of our society. Thank you very much!