Kforce Inc expected to post earnings of 82  cents a share - Earnings Preview

Kforce

06/05/2023 03:04

* Kforce Inc  KFRC.OQ   KFRC.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 8. 
    * The Tampa Florida-based  company is expected to report  a
1.3% decrease in revenue to $411.581 million from $416.97
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on
February 6 2023, for the period ended March 31, was for revenue
between 406.00 million and 414.00 million.
    * ​Refinitiv's mean analyst estimate for Kforce Inc is for
earnings of 82 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"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​, above​ its last closing price of $56.12. ​​​

The company's guidance on February 6 2023 for the period ended
March 31 was for Earnings before Interest and Taxes between
21.924 million and 24.012 million.The company's guidance on
February 6 2023 for the period ended March 31 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  
 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​
 Mar. 31 2022  0.77        0.76       0.93      Beat    21.7
 ​​Dec.        0.98        0.98       0.98      Met     0.2
 31 2021                                                
 Sep. 30 2021  0.88        0.88       0.96      Beat    9.6​
 Jun. 30 2021  0.90        0.90       1.00      Beat    11.6
 Mar. 31 2021  0.62        0.62       0.62      Met     -0.7
 This summary was machine generated May 6 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated