Heidrick & Struggles Intl Q2 2024 Adj. EPS $0.67 Beats $0.56 Estimate, Sales $278.626M Beat $265.690M Estimate
Portfolio Pulse from Benzinga Newsdesk
Heidrick & Struggles Intl (NASDAQ:HSII) reported Q2 2024 adjusted EPS of $0.67, beating the $0.56 estimate. Sales were $278.626M, surpassing the $265.690M estimate. Despite the beats, EPS decreased by 8.22% YoY, while sales increased by 2.73% YoY.
July 29, 2024 | 8:09 pm
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Heidrick & Struggles Intl reported Q2 2024 EPS of $0.67, beating estimates by 19.64%. Sales of $278.626M also exceeded expectations. However, EPS decreased by 8.22% YoY, while sales increased by 2.73% YoY.
The positive earnings and sales beats are likely to have a short-term positive impact on HSII's stock price. However, the YoY decrease in EPS may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100