Robert Half sees Q1 EPS 31c-41c, consensus 52c

Sees Q1 revenue $1.35B-$1.45B, consensus $1.44B. Sees Q1 gross margin 36%-39%. Sees Q1 capital expenditures $20M-$25M. Sees FY25 capital expenditures $75M-$95M. The company said, “Contract talent solutions exited the fourth quarter with December revenues down 11 percent versus the prior year, compared to a 12 percent decrease for the full quarter. Revenues for the first three weeks of January were down 14 percent compared to the same period last year. Permanent placement revenues in December were down 6 percent versus December 2023. This compares to an 11 percent decrease for the full quarter. For the first four weeks in January, permanent placement revenues were down 3 percent compared to the same period in 2024.” Comments and guidance taken from Q4 presentation slides.