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Randstad (RANJY) Projected to Post Quarterly Earnings on Wednesday

Randstad logo with Business Services background

Randstad (OTCMKTS:RANJY - Get Free Report) is expected to announce its earnings results on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.34 per share and revenue of $5.78 billion for the quarter.

Randstad (OTCMKTS:RANJY - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $0.31 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.31. Randstad had a return on equity of 9.48% and a net margin of 0.49%. The firm had revenue of $6.42 billion during the quarter, compared to analysts' expectations of $5.57 billion. On average, analysts expect Randstad to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Randstad Stock Up 1.8%

Shares of OTCMKTS:RANJY traded up $0.44 on Friday, reaching $24.78. The company had a trading volume of 440 shares, compared to its average volume of 19,762. Randstad has a twelve month low of $17.14 and a twelve month high of $25.14. The stock has a 50-day moving average price of $22.06 and a 200 day moving average price of $21.16. The stock has a market capitalization of $8.96 billion, a P/E ratio of 77.44 and a beta of 1.05. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.49.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas cut Randstad from a "strong-buy" rating to a "hold" rating in a research report on Monday, May 12th.

Read Our Latest Report on RANJY

About Randstad

(Get Free Report)

Randstad N.V. provides solutions in the field of work and human resources (HR) services. The company provides temporary staffing and permanent placement services; job posting; and résumé services on digital platforms. It offers inhouse, enterprise and digital, and tech suite services. In addition, the company provides managed services programs, recruitment process outsourcing, outplacement and career development, and online talent acquisition.

Further Reading

Earnings History for Randstad (OTCMKTS:RANJY)

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