Robert Half (NYSE:RHI) Issues Quarterly Earnings Results, Meets Estimates

Robert Half (NYSE:RHI) released its earnings results on Thursday. The business services provider reported $0.26 EPS for the quarter, meeting analysts’ consensus estimates of $0.26, FiscalAI reports. Robert Half had a return on equity of 9.08% and a net margin of 2.17%.The business had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter in the prior year, the firm earned $0.41 earnings per share. The firm’s revenue was down 2.4% on a year-over-year basis.

Here are the key takeaways from Robert Half’s conference call:

• Robert Half reported Q2 2026 revenue of $1.336 billion, down 2% reported and 3% adjusted year over year, but results still came in above the midpoint of guidance.
• Talent Solutions improved sequentially for a third straight quarter on an adjusted basis, and Permanent Placement returned to year-over-year growth, signaling a gradual staffing recovery.
• Protiviti remained under pressure, with adjusted revenue down 5% year over year as U.S. financial services regulatory changes reduced demand for larger remediation projects.
• Management said Protiviti took restructuring actions in Q2 that generated $45 million of annualized cost savings, and the company expects those savings to support better margins going forward.
• The company sounded more constructive on the outlook, guiding Q3 revenue of $1.31 billion to $1.41 billion with Talent Solutions expected to grow year over year and management expressing confidence that both staffing and Protiviti can eventually return to growth.

Robert Half Stock Down 6.4%

NYSE:RHI opened at $35.44 on Friday. The firm has a market capitalization of $3.62 billion, a P/E ratio of 30.81 and a beta of 0.82. The company has a fifty day moving average of $32.22 and a 200 day moving average of $28.40. Robert Half has a 52 week low of $21.83 and a 52 week high of $42.25.

Robert Half Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 22nd were issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date was Friday, May 22nd. Robert Half’s dividend payout ratio is currently 181.54%.

Key Robert Half News

Here are the key news stories impacting Robert Half this week:

• Positive Sentiment: Truist Financial raised its price target on Robert Half to $50, signaling continued analyst confidence in the stock’s longer-term potential. Truist Financial Boosts Robert Half (NYSE:RHI) Price Target to $50.00
• Positive Sentiment: Second-quarter revenue came in at $1.34 billion, topping estimates of $1.32 billion, which suggests demand was a bit better than expected. ROBERT HALF REPORTS SECOND-QUARTER FINANCIAL RESULTS
• Neutral Sentiment: Adjusted earnings of $0.26 per share matched consensus, so the quarter was neither a major beat nor a miss on profitability. Robert Half (RHI) Meets Q2 Earnings Estimates
• Neutral Sentiment: Management’s earnings call and transcript likely centered on navigating revenue declines and margin pressures, keeping the outlook cautious. Robert Half Inc. (RHI) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Quarterly earnings fell to $0.26 from $0.41 a year earlier, and revenue declined 2.4% year over year, underscoring slowing business conditions. Robert Half earnings report and conference call

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on RHI shares. Truist Financial upped their price objective on Robert Half from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Wednesday. Zacks Research raised Robert Half from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 14th. The Goldman Sachs Group boosted their target price on Robert Half from $26.00 to $29.00 and gave the stock a “sell” rating in a research report on Friday. William Blair raised shares of Robert Half from a “market perform” rating to an “outperform” rating in a research note on Tuesday, April 21st. Finally, Weiss Ratings upgraded shares of Robert Half from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, June 17th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $33.25.

Hedge Funds Weigh In On Robert Half

Hedge funds have recently modified their holdings of the company. Gilpin Wealth Management LLC purchased a new stake in shares of Robert Half during the fourth quarter worth about $27,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Robert Half during the 2nd quarter valued at approximately $34,000. Danske Bank A S purchased a new stake in Robert Half in the 3rd quarter worth approximately $37,000. Parkside Financial Bank & Trust grew its position in shares of Robert Half by 1,095.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,415 shares of the business services provider’s stock worth $66,000 after buying an additional 2,213 shares during the last quarter. Finally, Quarry LP raised its holdings in shares of Robert Half by 175.9% during the third quarter. Quarry LP now owns 2,464 shares of the business services provider’s stock valued at $84,000 after acquiring an additional 1,571 shares in the last quarter. Hedge funds and other institutional investors own 92.41% of the company’s stock.

About Robert Half

Robert Half International Inc, founded in 1948 by Robert Half, is a global professional staffing and consulting firm headquartered in Menlo Park, California. As a pioneer in specialized staffing, the company has built a reputation for matching skilled professionals with leading organizations across a range of industries. Robert Half’s shares trade on the New York Stock Exchange under the ticker RHI, reflecting its position as one of the longest‐standing and best‐known firms in the staffing sector.

The company offers a comprehensive suite of services, including temporary staffing, permanent placement, and consulting solutions.