Heidrick & Struggles Intl Q2 Adj $0.73 Beats $0.69 Estimate, Sales $271.23M Beat $265.26M Estimate
Portfolio Pulse from Benzinga Newsdesk
Heidrick & Struggles Intl (NASDAQ:HSII) reported Q2 earnings of $0.44 per share, missing the analyst consensus estimate of $0.69 by 36.23%. This is a 63.03% decrease from the same period last year. However, the company reported quarterly sales of $271.23 million, beating the analyst consensus estimate of $265.26 million by 2.25%. This is a 9.20% decrease from the same period last year.
July 31, 2023 | 8:43 pm
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HSII's Q2 earnings missed estimates by 36.23%, a significant decrease from last year. However, sales beat estimates, indicating some positive aspects.
HSII's earnings miss is a negative signal to investors, which could lead to a decrease in the stock price. However, the sales beat might mitigate some of the negative impact. The overall impact is likely to be negative in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100