Randstad (RANJY) Expected to Announce Quarterly Earnings on Wednesday

Randstad (OTCMKTS:RANJY) is expected to be issuing its resultson Wednesday, April 22nd. Analysts expect the company to announce earnings of $0.3617 per share and revenue of $5.8481 billion for the quarter.

Randstad (OTCMKTS:RANJY) last released its earnings results on Wednesday, February 11th. The business services provider reported $0.45 EPS for the quarter, beating the consensus estimate of $0.41 by $0.04. Randstad had a net margin of 1.30% and a return on equity of 11.47%. The company had revenue of $6.93 billion for the quarter, compared to analyst estimates of $6.83 billion. On average, analysts expect Randstad to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Randstad Price Performance

RANJY stock opened at $13.05 on Wednesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.18 and a current ratio of 1.21. Randstad has a 52 week low of $12.46 and a 52 week high of $25.50. The firm’s fifty day moving average is $15.01 and its 200 day moving average is $17.75. The firm has a market cap of $4.59 billion, a P/E ratio of 13.86 and a beta of 0.92.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group cut shares of Randstad from a “strong-buy” rating to a “moderate sell” rating in a research report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Randstad Company Profile

Randstad N.V. (OTCMKTS:RANJY) is a leading global provider of human resource services and workforce solutions. Headquartered in Diemen, Netherlands, the company specializes in connecting organizations with both temporary and permanent talent across a wide range of industries, including administrative, industrial, finance, engineering, healthcare and IT sectors.

The company’s service offering encompasses staffing and recruitment, inhouse services, professional and executive search, and managed services such as recruitment process outsourcing (RPO) and workforce management.