Kforce (KFRC) Expected to Announce Quarterly Earnings on Monday

Kforce (NASDAQ:KFRC) will likely be issuing its quarterly earnings data after the market closes on Monday, February 3rd. Analysts expect the company to announce earnings of $0.59 per share and revenue of $341,433.28 billion for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Kforce (NASDAQ:KFRC) last released its quarterly earnings results on Monday, October 28th. The business services provider reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.06. The company had revenue of $353.30 million during the quarter, compared to analysts’ expectations of $352.19 million. Kforce had a net margin of 3.86% and a return on equity of 33.50%. The business’s quarterly revenue was down 5.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.90 earnings per share. On average, analysts expect Kforce to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Kforce Trading Down 0.1 %

Kforce stock opened at $55.73 on Monday. Kforce has a 52 week low of $52.96 and a 52 week high of $74.79. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.06 and a current ratio of 2.06. The firm has a market capitalization of $1.06 billion, a PE ratio of 19.22 and a beta of 0.89. The business’s 50-day simple moving average is $57.71 and its 200-day simple moving average is $60.42.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Truist Financial cut their price target on Kforce from $68.00 to $58.00 and set a “hold” rating for the company in a report on Tuesday, October 29th. StockNews.com upgraded shares of Kforce from a “hold” rating to a “buy” rating in a research note on Saturday, November 30th. Finally, Sidoti upgraded shares of Kforce from a “neutral” rating to a “buy” rating and set a $71.00 price target on the stock in a research report on Tuesday, October 15th.

Kforce Company Profile

Kforce Inc provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients primarily in the areas of information technology, such as systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security.