Bgsf Inc Reports Results For The Quarter Ended In December: Earnings Summary

BGSF

14/03/2024 03:29

* BGSF Inc  BGSF.N  reported quarterly adjusted earnings of
11
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of 16
cents.  The mean expectation of two analysts for the quarter was
for earnings of 8 cents per share. Wall Street expected
results to range from 6 cents to 10 cents per share.
    * Revenue fell 4.8% to $73.57 million from a year ago;
analysts
expected $75.05 million. 
    * BGSF Inc's reported EPS for the quarter was 11 cents​.
    * The company reported quarterly net income of $990
thousand.
    * BGSF Inc shares had risen by 4.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the employment
services
peer group is also "buy"

Wall Street's median 12-month price target for BGSF Inc is
$15.75 
This summary was machine generated from LSEG data March 14 at
03:28 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.08           0.11           Beat
 Sep. 30 2023      0.30           0.24           Missed
 Jun. 30 2023      0.20           0.24           Beat
 Mar. 31 2023      0.00           0.04           Beat