Heidrick & Struggles beats by $0.03, misses on revs; guides Q4 revs below consensus
Reports Q3 (Sep) earnings of $0.23 per share, $0.03 better than the Capital IQ Consensus Estimate of $0.20; revenues rose 1.4% year/year to $119 mln vs the $121.41 mln consensus.
Regional Performance (net revenue (YoY) Americas (1.9%) Europe +13.2% (~12% on a constant currency basis) APAC +0.8% (~7% on a constant currency basis) Guidance: Co issues downside guidance for Q4, sees Q4 revs of $100-110 mln vs. $119.56 mln Capital IQ Consensus Estimate.