Robert Half International (RHI) is in a potential buying area with earnings on tap for Oct. 21.
It’s trading about 4% above a 104.83 buy point from a second-stage flat base.
Keep in mind that jumping into a stock right as it gets ready to report means you likely won’t have enough time to build a profit cushion before the release. That leaves you exposed to a sudden downturn if the company doesn’t deliver the type of numbers analysts were looking for. You can minimize your exposure by waiting to see the actual numbers and the market’s reaction.
In terms of top and bottom line numbers, Robert Half International has posted four quarters of increasing earnings growth. Sales gains have also moved higher during the same period.
Analysts expect earnings growth of 108% for the quarter, and 86% growth for the full year. Annual earnings-per-share estimates were recently revised upward.
The company has a 91 Composite Rating and earns the No. 12 rank among its peers in the Commercial Services-Staffing industry group. Headhunter Group (HHR), Kforce (KFRC) and DLH (DLHC) are among the top 5 highly rated stocks within the group.
Note: Dates for earnings reports are subject to change. Check the company’s website for any updates.
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