Randstad (RANJY) Expected to Post Earnings on Wednesday

Key Points

• Randstad is expected to report earnings before the market opens Wednesday, October 21. Analysts anticipate quarterly EPS of $0.43 and revenue of $6.91 billion.
• In its previous quarter, Randstad reported $0.36 EPS and $6.73 billion in revenue, exceeding analyst estimates for both measures. Analysts project full-year EPS of $1.51 and next-year EPS of $1.65.
• Wall Street sentiment is cautious: four analysts rate the stock Hold and one rates it Sell, giving Randstad an overall “Reduce” consensus. Shares recently traded at $19.69, with a market capitalization of approximately $6.93 billion.

Randstad (OTCMKTS:RANJY - Get Free Report) will likely be announcing its results before the market opens on Wednesday, October 21st. Analysts expect the company to announce earnings of $0.43 per share and revenue of $6.91 billion for the quarter.

Randstad (OTCMKTS:RANJY - Get Free Report) last released its earnings results on Wednesday, July 22nd. The business services provider reported $0.36 earnings per share for the quarter, topping analysts' consensus estimates of $0.35 by $0.01. Randstad had a return on equity of 11.76% and a net margin of 1.39%. The business had revenue of $6.73 billion for the quarter, compared to analyst estimates of $6.60 billion. On average, analysts expect Randstad to post $1.51 EPS for the current fiscal year and $1.65 EPS for the next fiscal year.

Randstad Stock Up 1.7%

OTCMKTS:RANJY opened at $19.69 on Wednesday. Randstad has a twelve month low of $12.46 and a twelve month high of $23.45. The company has a market cap of $6.93 billion, a price-to-earnings ratio of 12.82 and a beta of 0.96. The stock has a fifty day simple moving average of $21.54 and a 200-day simple moving average of $17.72. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.41.

Wall Street Analyst Weigh In

Several research firms recently commented on RANJY. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Randstad in a research note on Wednesday, September 9th. Citigroup reiterated a "neutral" rating on shares of Randstad in a report on Friday, September 25th. Royal Bank Of Canada reissued a "sector perform" rating on shares of Randstad in a research report on Thursday, July 23rd. The Goldman Sachs Group restated a "neutral" rating on shares of Randstad in a research note on Friday, July 24th. Finally, Zacks Research downgraded shares of Randstad from a "hold" rating to a "strong sell" rating in a research note on Wednesday, August 26th. Four analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Randstad currently has an average rating of "Reduce".

Randstad Company Profile

Randstad N.V. is a Netherlands-based human resources services company that connects employers with temporary, permanent and contract workers. The company provides recruitment and workforce solutions across a range of industries, including technology, engineering, healthcare, finance, manufacturing, logistics and administrative services.

Its offerings include temporary staffing, permanent placement, recruitment process outsourcing, managed services programs, professional recruitment, career transition and outplacement, and talent development.

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