January 30, 2013 at 08:14 AM EST
Robert Half Q4 Profit Up +39%, Just Beats Wall Street View (RHI)

Staffing and consulting company Robert Half International Inc. (RHI) said after hours on Tuesday that it saw a +39% rise in fourth quarter profit as demand for temp and full-time workers increased.

The Menlo Park, California-based company reported a fourth quarter net income of $58.3 million, or 42 cents per share, up from $42 million, or 30 cents per share, earned in the same period a year ago.

Revenue for the quarter rose +6% to $1.03 billion, from $973.5 million in the fourth quarter in 2011.

According to analysts polled by FactSet, the consensus view was that RHI would earn 41 cents per share on revenue of $1.04 billion.

Not only has the company helped by an increase demand for workers, but lower corporate expenses helped push the results up.

For the full year 2012, net income spiked +41% to $208.9 million, or $1.50 per share, up from $147.8 million, or $1.04 per share, earned in 2011. Revenue was also up, hitting $4.11 billion.

Robert Half shares were flat during pre-market trading on Wednesday. The stock is up +20.83% over the past year.

The Bottom Line
Shares of Robert Half (RHI) have a dividend yield of 1.79% based on last night’s closing price of $33.53.

Robert Half International Inc. (RHI) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here