HSII Earnings Prediction
The chart below shows how HSII performed 10 days before and after its earnings report, based on data from the past quarters. Typically, HSII sees a +1.75% change in stock price 10 days leading up to the earnings, and a +4.87% change 10 days following the report. On the earnings day itself, the stock moves by -0.02%. This data can give you a slight idea of what to expect for the next quarter's release.
HSII Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
278.56M
5.85%
-0.02%
Gross Margin
88.86%
0.59%
-0.54%
Operating Margin
6.85%
-18.55%
0.59%
Net Margin
5.32%
-6.67%
-387.57%
EPS
0.71
-2.74%
-384.00%
No Data Available
HSII Earnings Analysis
Heidrick & Struggles Inc Corporation (HSII.O) Earnings Conference Call
Positive
Third Quarter Revenue Growth: Heidrick & Struggles delivered a solid performance in the third quarter, achieving revenue growth of 6% compared to the previous year, totaling $279 million.
EBITDA Growth and Efficiency: Adjusted EBITDA for the quarter was $30.4 million, reflecting an increase from $29.3 million in the same quarter last year, demonstrating strong operational efficiency.
Executive Search Revenue Growth: The Executive Search business saw revenue growth of 3%, reaching $204 million, driven by strong performance in the Americas and Asia Pacific regions.
On-Demand Talent Revenue Surge: On-Demand Talent revenue increased by 13% compared to the previous year, totaling $46 million, highlighting the demand for flexible workforce solutions.
Organic Revenue Increase: Heidrick Consulting reported a 20% year-over-year increase in organic revenue, reaching $27.9 million, driven by strong leadership assessment and development engagements.
Negative
Adjusted EBITDA Comparison: Adjusted EBITDA of $30.4 million compares to $29.3 million in the third quarter of 2023, and adjusted EBITDA margin was 10.9%, compared to 11.2% last year.
Operating Expenses Increase: Operating expenses, salaries and benefits increased 9.5% from the prior year quarter.
Fixed Compensation Increase: Fixed compensation increased $9.9 million in the third quarter of 2024, primarily reflecting increases in expenses related to the non-cash mark-to-market adjustments associated with our deferred and stock compensation plans.
Administrative Expense Increase: General and administrative expenses increased $2.2 million versus the year ago period to $39.7 million.
Quarterly Income Comparison: The adjusted net income for the quarter was $15.1 million, and adjusted diluted EPS was $0.72, which compares to adjusted net income of $15 million and adjusted diluted EPS of $0.73 in the same quarter last year.
HSII FAQs
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HSII Earning Call Sentiment
Heidrick & Struggles International, Inc. (HSII) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
HSII.O
-0.82%Positive
The earnings call reveals strong financial performance, with revenue and adjusted EBITDA growth, and a robust cash position. The company is expanding in Asia Pacific and on-demand talent, indicating positive market demand. While there are some competitive pressures and uncertainties, the strategic focus on organic growth and disciplined execution is promising. Although management avoided specific guidance on G&A, the overall sentiment from the Q&A is positive, highlighting growth opportunities. The shareholder return plan and strong cash position further support a positive outlook, likely leading to a 2% to 8% stock price increase.