Robert Half: Business Continues To Struggle With Poor Demand
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Robert Half continues to face challenges with declining demand, as evidenced by its 4Q24 results. The company has seen revenue decline for the 8th consecutive quarter, particularly in contract staffing and permanent placement segments. Margins are also under pressure, with a significant drop in EBIT margin and further downside expected in 1Q25.
February 13, 2025 | 11:15 am
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Robert Half's 4Q24 results show continued struggles with declining demand, marking the 8th consecutive quarter of revenue decline. The company's margins are under pressure, with a 260 bps y/y decline in EBIT margin and further downside expected in 1Q25.
The article highlights Robert Half's ongoing struggles with declining demand, as evidenced by its 4Q24 results. The company has experienced revenue decline for 8 consecutive quarters, particularly in contract staffing and permanent placement segments. Margins are also under pressure, with a significant drop in EBIT margin and further downside expected in 1Q25. These factors suggest a negative short-term impact on the stock price.
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