Heidrick & Struggles' Q2 Exceeds Estimates, But Notice Underlying Weaknesses (Rating Downgrade)
Heidrick & Struggles(HSII) Seeking Alpha·2024-07-30 16:09
Thomas Barwick Heidrick & Struggles (NASDAQ:HSII) reported the company’s Q2 results, exceeding both Wall Street’s revenue and adjusted EPS estimates. While the overall financials were incredibly good, European operations and slightly softer profitability shadowed the report very slightly. I previously wrote an update on Heidrick & Struggles, published on the 8th of May after the Q1 report, with the title “Heidrick & Struggles: Undervaluation Persists Amid Solid Q1 Results”. I remained at a Strong Buy ra ...