Kforce Inc expected to post earnings of 73 cents a share - Earnings Preview

Kforce

26/07/2024 21:12

* Kforce Inc  KFRC.N   KFRC.K  is expected to show a fall in
quarterly revenue when it reports  results on July 29 for the
period ending January 1 0001
    * The Tampa Florida-based  company is expected to report a
8.5% decrease in revenue to $356.096 million from $389.19
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on April 29
2024, for the period ended June 30, was for revenue between
352.00 million and 360.00 million.
    * ​LSEG's mean analyst estimate for Kforce Inc is for
earnings of
73 cents per share. The company's EPS guidance on April 29 2024,
for the period ended June 30, was between 0.68 and 0.76 
    * 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
$69.50​, above​ its last closing price of $67.24. ​​​

The company's guidance on April 29 2024 for the period ended
June 30 was for Earnings before Interest and Taxes between
18.304 million and 20.16 million.The company's guidance on April
29 2024 for the period ended June 30 was for gross profit margin
between 27.4% and 27.6%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.58        0.58       0.58      Met     -0.3
 Dec. 31 2024  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
 ​​Jan.        0.82        0.82       0.82      Met     0
 1 0001                                                 
 Dec. 31 2022  0.92        0.92       0.93      Beat    1.3​
 Sep. 30 2022  1.06        1.06       1.09      Beat    2.8
 Jun. 30 2022  1.18        1.18       1.30      Beat    10.4
 This summary was machine generated July 26 at 20:12 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)