Heidrick & Struggles International Inc. Q4 Income Falls 61%

(RTTNews) - Heidrick & Struggles International Inc. (HSII) released earnings for fourth quarter that dropped from last year.

The company said its profit fell to $0.49 million, or $0.03 per share. This was lower than $1.26 million, or $0.07 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.19 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.2% to $164.56 million. This was up from $149.30 million last year.

Heidrick & Struggles International Inc. earnings at a glance:

-Earnings (Q4): $0.49 Mln. vs. $1.26 Mln. last year. -Earnings Decline (Y-o-Y): -61.1% -EPS (Q4): $0.03 vs. $0.07 last year. -EPS Decline (Y-o-Y): -57.1% -Analysts Estimate: $0.19 -Revenue (Q4): $164.56 Mln vs. $149.30 Mln last year. -Revenue Change (Y-o-Y): 10.2%