Kforce Inc expected to post earnings of 59 cents a share - Earnings Preview

Reuters
01 Feb
Kforce Inc <kfrc.n> expected to post earnings of 59 cents a share - Earnings Preview </kfrc.n>
  • Kforce Inc KFRC.N, KFRC.K is expected to show a fall in quarterly revenue when it reports results on February 3 for the period ending December 31 2024

  • The Tampa Florida-based company is expected to report a 5.9% decrease in revenue to $342.054 million from $363.45 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on October 28 2024, for the period ended December 31, was for revenue between 337.00 million and 345.00 million.

  • ​LSEG's mean analyst estimate for Kforce Inc is for earnings of 59 cents per share. The company's EPS guidance on October 28 2024, for the period ended December 31, was between 0.56 and 0.64

  • 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 $65.00​, above​ its last closing price of $64.07. ​​​

The company's guidance on October 28 2024 for the period ended December 31 was for Earnings before Interest and Taxes between 14.491 million and 16.215 million.The company's guidance on October 28 2024 for the period ended December 31 was for gross profit margin between 27.4% and 27.6%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

0.70

0.69

0.75

Beat

8.4

Jun. 30 2024

0.72

0.73

0.75

Beat

3.2

Mar. 31 2024

0.58

0.58

0.58

Met

-0.3​

Dec. 31 2023

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​

Mar. 31 2023

0.82

0.82

0.82

Met

0

Dec. 31 2022

0.92

0.92

0.93

Beat

1.3

This summary was machine generated January 31 at 21:36 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)

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