A Sneak Peek At Heidrick & Struggles International, Inc. ($HSII) 3Q20 Earnings

Heidrick & Struggles International, Inc. (NASDAQ:HSII) is expected to report third quarter earnings results, after market close, on Monday 26th October 2020.

Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.36 per share.

Looking ahead, the full year income are expected at $ 1.41 per share on the revenues of $ 586.09 million.

Previous Quarter Performance

Heidrick & Struggles International, Inc. recorded income for the second quarter of $ 0.37 per share, from the revenue of $ 145.60 million. The quarterly earnings shrunk 49.32 percent while revenues shrunk 15.90 percent compared with the same quarter last year.
Street analysts expected Heidrick & Struggles International, Inc. to report income of $ 0.25 per share on revenue of $ 127.32 million for the second quarter. The bottom line results beat street analysts by $ 0.12 or 48.00 percent, at the same time, top line results outshined analysts by $ 18.28 million or 14.36 percent.

Stock Performance

On Friday, shares of Heidrick & Struggles International, Inc. has traded high as $ 22.19 and has cracked $ 21.67 on the downward trend, reaching $ 21.75 with volume of 51.90 thousand shares.

According to the previous trading day, closing price of $ 21.75, representing a 20.79 % increase from the 52 week low of $ 17.99 and a 34.57 % decrease over the 52 week high of $ 33.21.

The company has a market capital of $ 420.69 million and is part of the Industrials sector and Staffing & Outsourcing Services industry.

Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.15 per share on July 27, 2020. The dividend were payable on August 21, 2020 to holders of record as of the close of business on August 7, 2020 and ex-dividend date on August 6, 2020.

Conference Call

Heidrick & Struggles International, Inc. will be hosting a conference call at 5:00 PM eastern time on 26th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.heidrick.com

Heidrick & Struggles International, Inc., together with its subsidiaries, provides executive search and consulting services to businesses and business leaders in the Americas, Europe, the Asia Pacific, and internationally. The company enables its clients to build leadership teams by facilitating the recruitment, management, and development of senior executives. Its consulting services include leadership assessment and development, executive coaching and on-boarding, succession planning, team and board effectiveness, organizational performance acceleration, workforce planning, and culture shaping services.