Heidrick & Struggles International Inc. Bottom Line Declines 7% In Q3

(RTTNews) - Heidrick & Struggles International Inc. (HSII) announced a profit for third quarter that decreased from last year.

The company said its bottom line dropped to $6.94 million, or $0.37 per share. This was lower than $7.49 million, or $0.40 per share, in last year's third quarter.

Analysts had expected the company to earn $0.34 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.8% to $148.24 million. This was up from $142.85 million last year.

Heidrick & Struggles International Inc. earnings at a glance:

-Earnings (Q3): $6.94 Mln. vs. $7.49 Mln. last year. -Earnings Decline (Y-o-Y): -7.3% -EPS (Q3): $0.37 vs. $0.40 last year. -EPS Decline (Y-o-Y): -7.5% -Analysts Estimate: $0.34 -Revenue (Q3): $148.24 Mln vs. $142.85 Mln last year. -Revenue Change (Y-o-Y): 3.8%

-Guidance: Next quarter revenue guidance: $142 - $152 Mln