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

BGSF

08/08/2024 01:17

* BGSF Inc  BGSF.N  reported a quarterly adjusted loss of 7
cents​​ per share for the quarter ended in June, lower than the
same quarter last year, when the company reported EPS of 24
cents.  The mean expectation of two analysts for the quarter was
for earnings of 8 cents per share. 
    * Revenue fell 15.7% to $68.14 million from a year ago;
analysts
expected $74.00 million. 
    * BGSF Inc's reported EPS for the quarter was a loss of 7
cents​.
    * The company reported a quarterly loss of $761 thousand.
    * BGSF Inc shares had fallen by 1.7% this quarter and
lost 10.6%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 63.6%
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
$14.25 
This summary was machine generated from LSEG data August 8 at
12:17 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
 Jun. 30 2024      0.08           -0.07          Missed
 Mar. 31 2024      -0.04          -0.07          Missed
 Dec. 31 2023      0.08           0.11           Beat
 Sep. 30 2023      0.30           0.24           Missed