Robert Half International Inc. RHI is scheduled to report its third-quarter 2024 results on Oct. 22, after the bell.

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RHI has a decent earnings surprise history. Earnings surpassed the Zacks Consensus Estimate in three of the past four quarters and missed once, the average surprise being 2.1%.

Robert Half Inc. Price and EPS Surprise

Robert Half Inc. price-eps-surprise | Robert Half Inc. Quote

Expectations This Time Around

The Zacks Consensus Estimate for Robert Half’s revenues in the to-be-reported quarter is pegged at $1.44 billion, suggesting a year-over-year decrease of 7.9%. We expect continued client caution to have an impact on hiring activity and new project starts in the quarter.

We expect Talent Solutions revenues to be $947.9 billion, implying a 12.5% decline year over year. Our estimate for Contract Talent Solutions is pegged at $837.3 million, down 11.2% from the year-ago quarter. Permanent Placement Talent Solutions revenues are anticipated to be at $110.6 million, indicating a 21% decrease on a year-over-year basis. We expect revenues from Protiviti to be pegged at $490.2 million, increasing marginally year over year.

The consensus mark for the bottom line is pegged at 63 cents per share, indicating a 30% decline from the year-ago quarter’s actual. The decline in revenues is expected to have hurt the bottom line.

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 before they're reported with our Earnings ESP Filter.

RHI has an Earnings ESP of 0.00% and a Zacks Rank #3.

Stocks That Warrant a Look

Here are a few stocks from the broader Business services sector, which, according to our model, have the right combination of elements to beat on earnings this season.

TransUnion TRU: The Zacks Consensus Estimate for the company’s third-quarter 2024 revenues is pegged at $1.1 billion, indicating a 9.6% year-over-year rise. For earnings, the consensus mark is pegged at $1 per share, suggesting a rise of 12.1% from the year-ago quarter’s actual. The company beat the consensus estimate in the past three quarters and missed once, with an average surprise of 5.8%.

TRU currently has an Earnings ESP of +1.84% and a Zacks Rank of 2. The company is scheduled to declare its third-quarter 2024 results on Oct. 23. You can see the complete list of today’s Zacks #1 Rank stocks here.