Kforce Inc expected to post earnings of 78  cents a share - Earnings Preview

Kforce

28/10/2023 02:05

* Kforce Inc  KFRC.OQ   KFRC.O  is expected to show a fall
in
quarterly revenue when it reports  results 
    * The Tampa Florida-based  company is expected to report  a
17.1% decrease in revenue to $362.704 million from $437.62
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
July 31 2023, for the period ended September 30, was for revenue
between 359.00 million and 367.00 million.
    * ​Refinitiv's mean analyst estimate for Kforce Inc is for
earnings of 78 cents per share. The company's EPS guidance on
July 31 2023, for the period ended September 30, was between
0.82 and 0.90 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"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
$63.5​, above​ its last closing price of $56.71. ​​​

The company's guidance on July 31 2023 for the period ended
September 30 was for Earnings before Interest and Taxes between
16.873 million and 18.717 million.The company's guidance on July
31 2023 for the period ended September 30 was for gross profit
margin between 28.1% and 28.3%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.96        0.97       0.95      Missed  -1.6
 Mar. 31 2023  0.82        0.82       0.82      Met     0
 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.        1.18        1.18       1.30      Beat    10.4
 30 2022                                                
 Mar. 31 2022  0.77        0.76       0.93      Beat    21.7​
 Dec. 31 2021  0.98        0.98       0.98      Met     0.2
 Sep. 30 2021  0.88        0.88       0.96      Beat    9.6
 This summary was machine generated October 28 at 01:05 GMT.  All
figures in US dollars  unless otherwise stated