Kforce Inc expected to post earnings of 92cents a share - Earnings Preview

Kforce

04/02/2023 24:53

* Kforce Inc  KFRC.OQ   KFRC.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 6. 
    * The Tampa Florida-based  company is expected to report  a
2.0% increase in revenue to $418.675 million from $410.36
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on
October 31 2022, for the period ended December 31, was for
revenue between 414.00 million and 422.00 million.
    * ​Refinitiv's mean analyst estimate for Kforce Inc is for
earnings of 92 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 $58.33. ​​​

The company's guidance on October 31 2022 for the period ended
December 31 was for Earnings before Interest and Taxes between
23.184 million and 25.32 million.The company's guidance on
October 31 2022 for the period ended December 31 was for gross
profit margin between 28.7% and 28.9%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.98        0.98       0.98      Met     0.2
 ​​Sep.        0.88        0.88       0.96      Beat    9.6
 30 2021                                                
 Jun. 30 2021  0.90        0.90       1.00      Beat    11.6​
 Mar. 31 2021  0.62        0.62       0.62      Met     -0.7
 Dec. 31 2020  0.77        0.77       0.86      Beat    12.3
 This summary was machine generated February 4 at 00:53 GMT.  All
figures in US dollars  unless otherwise stated