Robert Half (RHI) News Today

Robert Half Inc. (NYSE: RHI) shares have decreased as investors weigh a largely cautious set of earnings-estimate revisions from Zacks Research. The analyst maintains a Hold rating, with the most significant changes pointing to weaker near-term and longer-term earnings than previously expected.

• Positive Sentiment: Zacks raised its EPS forecasts for the second quarter of fiscal 2027 to $0.47 from $0.46 and for the third quarter of fiscal 2027 to $0.64 from $0.57, suggesting some improvement is expected later in the forecast period.
• Neutral Sentiment: Zacks kept its broader earnings outlook at $2.00 EPS for fiscal 2027 and projects $2.45 EPS for fiscal 2028. The firm’s current-year consensus estimate remains $1.29 per share, while its overall Hold rating signals limited conviction in a near-term upside catalyst.
• Negative Sentiment: Zacks reduced its fiscal 2026 EPS estimate to $1.27 from $1.32, cut fourth-quarter 2026 EPS to $0.40 from $0.44, and lowered first-quarter 2027 EPS to $0.32 from $0.43. These revisions indicate softer near-term profitability expectations.
• Negative Sentiment: The firm also cut its second-quarter 2028 EPS forecast to $0.56 from $0.64 and fiscal 2028 EPS to $2.45 from $2.77. The sizable long-term reduction may weigh on valuation, particularly because Robert Half’s shares are trading near their 52-week high and at an elevated earnings multiple.

Overall, the estimate revisions are mixed but skew negative: modest upgrades for parts of fiscal 2027 are outweighed by reductions to fiscal 2026, early fiscal 2027, and fiscal 2028 earnings. That cautious outlook helps explain the weaker stock performance.