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Heidrick & Struggles International Inc. Reveals Rise In Q2 Profit

(RTTNews) - Heidrick & Struggles International Inc. (HSII) reported a profit for its second quarter that rose from the same period last year.

The company's earnings totaled $14.28 million, or $0.73 per share. This compares with $7.65 million, or $0.59 per share, in last year's second quarter.

Analysts 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 5.1% to $178.17 million from $187.69 million last year.

Heidrick & Struggles International Inc. earnings at a glance:

-Earnings (Q2): $14.28 Mln. vs. $7.65 Mln. last year. -EPS (Q2): $0.73 vs. $0.59 last year. -Analysts Estimate: $0.61 -Revenue (Q2): $178.17 Mln vs. $187.69 Mln last year.

-Guidance: Next quarter revenue guidance: $175 - $185 Mln

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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