Heidrick & Struggles Intl Q1 2024 GAAP EPS $0.67 Beats $0.52 Estimate, Sales $265.197M Beat $251.821M Estimate
Portfolio Pulse from Benzinga Newsdesk
Heidrick & Struggles Intl (HSII) reported Q1 2024 earnings of $0.67 per share, surpassing the $0.52 estimate, and sales of $265.197M, exceeding the $251.821M forecast. This represents an 11.84% decrease in EPS and a 10.81% increase in sales from the previous year.

May 06, 2024 | 8:18 pm
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Heidrick & Struggles Intl reported a strong Q1 2024 with earnings and sales surpassing estimates, despite a decrease in EPS from the previous year.
HSII's earnings and sales beat are significant indicators of the company's financial health and operational efficiency, surpassing analyst expectations. The increase in sales by 10.81% compared to the previous year demonstrates growth, while the decrease in EPS suggests some challenges in profitability. However, the overall positive performance and surpassing of estimates are likely to be viewed favorably by investors, potentially leading to a short-term positive impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100