Kforce Inc expected to post earnings of 58 cents a share - Earnings Preview

Kforce

26/04/2024 21:41

* Kforce Inc  KFRC.OQ   KFRC.O  is expected to show a fall
in
quarterly revenue when it reports  results on April 29 for the
period ending March 31 2024
    * The Tampa Florida-based  company is expected to report a
12.6% decrease in revenue to $354.934 million from $406 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.The company's guidance on February 5 2024,
for the period ended March 31, was for revenue between $351.00
million and $359.00 million.
    * ​LSEG's mean analyst estimate for Kforce Inc is for
earnings of
58 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Kforce Inc
is
$70.50​, above​ its last closing price of $64.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.79        0.79       0.82      Beat    4.3
 Sep. 30 2023  0.82        0.78       0.90      Beat    15.9
 Jun. 30 2023  0.96        0.97       0.95      Missed  -1.6​
 Mar. 31 2023  0.82        0.82       0.82      Met     0
 ​​Dec.        0.92        0.92       0.93      Beat    1.3
 31 2022                                                
 Sep. 30 2022  1.06        1.06       1.09      Beat    2.8​
 Jun. 30 2022  1.18        1.18       1.30      Beat    10.4
 Mar. 31 2022  0.77        0.76       0.93      Beat    21.7
 This summary was machine generated April 26 at 20:41 GMT.  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)