Robert Half (RHI) reported service revenues of $1.359 billion, roughly flat on an adjusted basis, and net income of $49.9 million, up from $42.9 million a year earlier. Diluted EPS rose 14% to $0.49 from $0.43, marking the first year-over-year quarterly EPS increase since 2022. Talent Solutions adjusted revenue grew 2%, its first return to growth since 2022, while Protiviti adjusted revenue fell 3%, mainly due to a 5% decline in U.S. operations. For the fourth quarter of 2026, the company guided to revenue of $1.285 billion to $1.39 billion and EPS of $0.36 to $0.46, and cited about $11 million in quarterly payroll savings from recent cost actions. Management said demand for anti-money laundering remediation and compliance services is rising at Protiviti, while macroeconomic uncertainty, inflation and interest rates continue to shape clients' hiring decisions.
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Robert Half shares rose more than 14% in early Friday trading, extending a two-day rally and sitting near the top of their 52-week range. The staffing firm reported third-quarter net income of $49.9 million (49 cents per share), up from $42.9 million (43 cents) a year earlier and above analysts' expected 47 cents; revenue was $1.359 billion, roughly flat. Its Talent Solutions unit posted 2% adjusted revenue growth, its first annual increase since 2022, driven by 6% growth in permanent placements and 1% in contract staffing. The consulting arm Protiviti saw adjusted revenue fall 3% but beat expectations, supported by demand for anti-money-laundering work after regulators imposed fines on large financial institutions. For the fourth quarter, the company forecast revenue of $1.285 billion to $1.385 billion and earnings of 36 to 46 cents per share.
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