Wednesday, January 30, 2008

Robert Half Rises After Earnings....

RHI up 1.30 to $26.15

Want a good economic indicator??? This is the stock.

Specialty staffing company Robert Half International Inc (RHI) reported higher quarterly profit on Tuesday, citing demand in its international divisions.

Earnings rose 4.5 percent to $78.8 million, or 50 cents per share, from $75.4 million, or 45 cents per share, a year earlier.

Analysts, on average, had expected a profit of 47 cents per share, according to Reuters Estimates.

Revenue rose 15 percent to $1.22 billion, compared with Wall Street forecasts for sales of $1.2 billion.

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