Robert Half International Inc. RHI is scheduled to report first-quarter 2021 results on Apr 21, after the bell.
The company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed the same in one, the average beat being 12.5%.
Expectations This Time Around
Robert Half’s performance in the to-be-reported quarter is expected to have been significantly marred by the COVID-19 crisis.
The Zacks Consensus Estimate for revenues is pegged at $1.35 billion, indicating a decline of 10.2% from the year-ago reported figure. Weak staffing revenues are expected to have hurt the top line in the quarter.
The consensus estimate for earnings stands at 80 cents per share, implying year-over-year growth of 1.3%. This earnings growth is likely to have been driven by reduced selling, general and administrative costs.
What Our Model Says
Our proven model does not conclusively predict an earnings beat for Robert Half this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Robert Half has an Earnings ESP of 0.00% and a Zacks Rank #2.
Robert Half International Inc. Price and EPS Surprise
Robert Half International Inc. price-eps-surprise | Robert Half International Inc. Quote
Stocks That Warrant Look
Here are a few stocks that investors can consider, as our model shows that these have the right combination of elements to beat on earnings this season.
Deere & Company DE, with an Earnings ESP of +1.15% and a Zacks Rank of 1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Applied Industrial Technologies AIT, with an Earnings ESP of +3.59% and a Zacks Rank of 2.
Caterpillar CAT, with an Earnings ESP of +3.15% and a Zacks Rank #2.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 77 billion devices by 2025, creating a $1.3 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 4 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2022.
Click here for the 4 trades >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deere & Company (DE): Get Free Report
Caterpillar Inc. (CAT): Free Stock Analysis Report
Applied Industrial Technologies, Inc. (AIT): Free Stock Analysis Report
Robert Half International Inc. (RHI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
