UPDATE 2-Robert Half posts Q3 profit, Q4 rev view lags market

Wed Oct 21, 2009 6:16pm EDT

* Q3 EPS $0.06 vs est $0.04 * Revenue down 37 pct

* Saw some improvement in rev in Sept

* Sees Q4 EPS $0.01-$0.06, rev $675 mln-$720 mln

* Q4 est EPs $0.5, rev $724.2 mln: Thomson Reuters I/B/E/S (Recasts; Adds conference call details) Oct 21 (Reuters) - Staffing firm Robert Half International Inc (RHI.N) posted quarterly profit that beat estimates by 2 cents, helped mainly by lower expenses, and gave fourth-quarter revenue view below expectations.

The company sees fourth-quarter earnings of 1 cent to 6 cents a share on revenue of $675 million to $720 million, it said on a conference call.

Analysts were expecting earnings of 5 cents a share, before special items, on revenue of $724.2 million, according to Thomson Reuters I/B/E/S.

For the third quarter ended Sept. 30, the company earned $9.5 million, or 6 cents a share, compared with $65.8 million or 42 cents a share a year ago.

Revenue fell 37 percent to $725.9 million.

Analysts on average had expected earnings of 4 cents a share, before special items, on revenue of $729.3 million.

Operating expenses fell 33 percent to $248.8 million.

"Year-over-year revenue declines in our staffing operations continued to moderate and, on a sequential basis, we saw some improvement in revenues in September," Chief Executive Harold Messmer said in a statement.

Shares of the Menlo Park, California-based company were up 2 cents in trading after the bell percent. They closed at $24.73 Wednesday on the New York Stock Exchange. (Reporting by Divya Sharma in Bangalore; Editing by Gopakumar Warrier and Unnikrishnan Nair)

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