Robert Half Sounds a Bullish Note
Robert Half International's (NYSE: RHI) second-quarter earnings were solid enough, but management's commentary suggested it could be a tale of two continents in future quarters. Despite fears of a slowdown in the U.S. economy, CEO Harold Messmer gave a relatively bullish outlook.
However, it's a different story in Europe, where a combination of difficult comparisons with last year and a slowing economic environment appears to threaten earnings growth prospects. Let's take a closer look at an interesting quarter for the company.
The headline numbers from the quarter looked a little light compared to management's expectations on the previous earnings call:
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