Randstad (OTCMKTS:RANJY) Posts Earnings Results, Beats Expectations By $0.01 EPS

Randstad (OTCMKTS:RANJYGet Free Report) posted its quarterly earnings results on Wednesday. The business services provider reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01, Zacks reports. The firm had revenue of $6.73 billion for the quarter, compared to analysts’ expectations of $6.60 billion. Randstad had a net margin of 1.39% and a return on equity of 11.78%.

Randstad Trading Down 2.4%

OTCMKTS RANJY opened at $20.23 on Friday. Randstad has a one year low of $12.46 and a one year high of $25.50. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.14 and a current ratio of 1.14. The company has a market capitalization of $7.12 billion, a price-to-earnings ratio of 19.62 and a beta of 0.98. The company’s 50-day simple moving average is $15.88 and its two-hundred day simple moving average is $15.65.

Analyst Ratings Changes

A number of brokerages have commented on RANJY. Royal Bank Of Canada restated a “sector perform” rating on shares of Randstad in a research note on Thursday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Randstad in a research note on Thursday. Finally, Citigroup downgraded Randstad from a “buy” rating to a “neutral” rating in a report on Thursday, April 30th. Five equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce”.

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Randstad Company Profile

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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.

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Earnings History for Randstad (OTCMKTS:RANJY)

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