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Robert Half International Q1 income drops in line with estimates

Robert Half International (RHI) reported earnings for first quarter that decreased from the same period last year in line with the Street estimates.

The company's earnings totaled $64 million, or $0.61 per share. This compares with $122 million, or $1.14 per share, in last year's first quarter.

Analysts on average had expected the company to earn $0.61 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 11.8% to $1.5 billion from $1.7 billion last year.

Robert Half International earnings at a glance (GAAP) :

-Earnings (Q1): $64 Mln. vs. $122 Mln. last year.
-EPS (Q1): $0.61 vs. $1.14 last year.
-Revenue (Q1): $1.5 Bln vs. $1.7 Bln last year.

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