By Katherine Hamilton
Kforce shares jumped after the company shared higher-than-expected third-quarter results and fourth-quarter guidance.
The stock gained 29% to $31.71 on Tuesday. Shares are still down 45% this year.
The staffing services company recorded revenue of $332.6 million, beating the $328.2 million analysts polled by FactSet had forecast. Earnings per share in the quarter were 63 cents, ahead of the consensus estimate of 56 cents.
In the current fourth quarter, Kforce expects revenue to be $326 million to $334 million, while Wall Street is looking for $322 million. The company anticipates earnings per share to be 43 cents to 51 cents, compared with the Street's expectation of 46 cents.
Kforce logged strength in both its technology and its finance and accounting businesses. Consultants on assignment in the technology segment improved throughout the quarter, Chief Executive Joseph Liberatore said.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
November 04, 2025 12:46 ET (17:46 GMT)
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