Kforce Inc expected to post earnings of 97  cents a share - Earnings Preview

Kforce

29/07/2023 01:45

* Kforce Inc  KFRC.OQ   KFRC.O  is expected to show a fall
in
quarterly revenue when it reports  results on July 31. 
    * The Tampa Florida-based  company is expected to report  a
9.3% decrease in revenue to $395.87 million from $436.52 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. The company's guidance on May 8 2023,
for the period ended June 30, was for revenue between 392.00
million and 400.00 million.
    * ​Refinitiv's mean analyst estimate for Kforce Inc is for
earnings of 97 cents per share. 
    * 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 $63.10. ​​​

The company's guidance on May 8 2023 for the period ended June
30 was for Earnings before Interest and Taxes between 25.48
million and 27.6 million.The company's guidance on May 8 2023
for the period ended June 30 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  
 Mar. 31 2023  0.82        0.82       0.82      Met     0
 Dec. 31 2023  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.        0.77        0.76       0.93      Beat    21.7
 31 2022                                                
 Dec. 31 2021  0.98        0.98       0.98      Met     0.2​
 Sep. 30 2021  0.88        0.88       0.96      Beat    9.6
 Jun. 30 2021  0.90        0.90       1.00      Beat    11.6
 This summary was machine generated July 29 at 00:45 GMT.  All
figures in US dollars  unless otherwise stated