U.S. Markets closed

Robert Half: 1Q Earnings Snapshot

MENLO PARK, Calif. (AP) _ Robert Half International Inc. (RHI) on Tuesday reported first-quarter earnings of $109.8 million.

The Menlo Park, California-based company said it had net income of 93 cents per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 96 cents per share.

The staffing firm posted revenue of $1.47 billion in the period, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $1.5 billion.

Robert Half shares have risen 20 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 17 percent. In the final minutes of trading on Tuesday, shares hit $68.79, a rise of 18 percent 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