Robert Half (NYSE:RHI) Updates Q2 2026 Earnings Guidance

Key Points

• Q2 guidance miss: Robert Half cut its Q2 2026 EPS outlook to $0.230–$0.330 versus the consensus $0.350, while issuing revenue guidance of $1.3B–$1.4B roughly in line with estimates.
• Mixed quarterly results and market reaction: Q1 EPS of $0.14 met expectations but revenue of $1.30B missed the ~$1.34B consensus and fell 3.8% YoY, and the stock traded down about 5.7% to $25.65 on the news.
• Analyst sentiment is weak: MarketBeat shows a consensus rating of "Reduce" with an average target of $31.75 amid mixed analyst moves (price targets ranging from $25 to $40).

Robert Half (NYSE:RHI - Get Free Report) issued an update on its second quarter 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 0.230-0.330 for the period, compared to the consensus earnings per share estimate of 0.350. The company issued revenue guidance of $1.3 billion-$1.4 billion, compared to the consensus revenue estimate of $1.3 billion.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Barclays cut their price target on shares of Robert Half from $36.00 to $25.00 and set an "equal weight" rating on the stock in a research report on Friday, March 6th. JPMorgan Chase & Co. boosted their price objective on shares of Robert Half from $29.00 to $31.00 and gave the stock a "neutral" rating in a research note on Friday, January 30th. The Goldman Sachs Group boosted their price objective on shares of Robert Half from $24.00 to $27.00 and gave the stock a "sell" rating in a research note on Tuesday, February 3rd. BMO Capital Markets lowered their price objective on shares of Robert Half from $35.00 to $32.00 and set a "market perform" rating on the stock in a research note on Tuesday, February 17th. Finally, Truist Financial upped their price target on shares of Robert Half from $35.00 to $40.00 and gave the company a "buy" rating in a research note on Friday, January 30th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and four have issued a Sell rating to the company's stock. According to MarketBeat, Robert Half has a consensus rating of "Reduce" and an average target price of $31.75.

Robert Half Trading Down 5.7%

Shares of NYSE:RHI traded down $1.55 on Friday, reaching $25.65. 6,962,313 shares of the company's stock were exchanged, compared to its average volume of 3,318,420. The company has a fifty day moving average of $24.84 and a 200-day moving average of $27.19. Robert Half has a twelve month low of $21.83 and a twelve month high of $48.54. The company has a market capitalization of $2.63 billion, a price-to-earnings ratio of 19.29 and a beta of 0.85.

Robert Half (NYSE:RHI - Get Free Report) last announced its earnings results on Thursday, April 23rd. The business services provider reported $0.14 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.14. Robert Half had a net margin of 2.47% and a return on equity of 10.26%. The firm had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the prior year, the business posted $0.17 EPS. The business's revenue was down 3.8% compared to the same quarter last year. As a group, equities research analysts forecast that Robert Half will post 1.53 EPS for the current fiscal year.

Robert Half Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Wednesday, February 25th were given a dividend of $0.59 per share. The ex-dividend date was Wednesday, February 25th. This represents a $2.36 annualized dividend and a dividend yield of 9.2%. Robert Half's dividend payout ratio (DPR) is currently 177.44%.

Key Headlines Impacting Robert Half

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

• Positive Sentiment: EPS met Street expectations at $0.14, which limited the downside versus a bigger surprise. Robert Half (RHI) Q1 Earnings Match Estimates
• Positive Sentiment: Net margin and ROE remained positive (reported net margin 2.47% and ROE 10.26%), suggesting the company is managing profitability amid softer top-line trends. ROBERT HALF REPORTS FIRST-QUARTER FINANCIAL RESULTS
• Neutral Sentiment: Management commentary and the earnings-call transcript provide color on demand trends and cost actions; investors will parse the call for guidance or hiring-market signals. Robert Half Inc. (RHI) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Analysts still model recovery over the year (consensus cited ~1.53 EPS for the current year), so further guidance or signs of acceleration/weakness will steer estimates. Robert Half earnings release and call (MarketBeat)
• Negative Sentiment: Revenue missed expectations: $1.30B reported vs. ~$1.34B consensus, and revenue declined ~3.8% year-over-year — the key driver of the market's negative reaction. ROBERT HALF REPORTS FIRST-QUARTER FINANCIAL RESULTS
• Negative Sentiment: Industry/staffing demand remains uneven — outlets flagged that the staffing-demand recovery is still a test, raising concern about near-term revenue traction. Robert Half earnings in focus as staffing demand recovery test looms
• Negative Sentiment: Technical/valuation context: shares are trading below the 200-day moving average and nearer the low end of the 52-week range, which can amplify selling pressure if sentiment stays weak.

Hedge Funds Weigh In On Robert Half

Several institutional investors and hedge funds have recently added to or reduced their stakes in RHI. Sivia Capital Partners LLC increased its holdings in Robert Half by 94.6% in the second quarter. Sivia Capital Partners LLC now owns 8,098 shares of the business services provider's stock valued at $332,000 after purchasing an additional 3,937 shares during the period. EP Wealth Advisors LLC bought a new position in Robert Half during the fourth quarter worth $245,000. Vise Technologies Inc. bought a new position in Robert Half during the third quarter worth $244,000. Boothbay Fund Management LLC bought a new position in Robert Half during the third quarter worth $230,000. Finally, Jump Financial LLC bought a new position in Robert Half during the fourth quarter worth $223,000. Institutional investors own 92.41% of the company's stock.

Robert Half Company Profile

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.

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