Kforce: Q3 Earnings Insights

Shares of Kforce KFRC were unchanged after the company reported Q3 results.

Quarterly Results

Earnings per share increased 30.88% year over year to $0.89, which beat the estimate of $0.81.

Revenue of $365,424,000 up by 5.75% from the same period last year, which beat the estimate of $360,590,000.

Looking Ahead

Q4 EPS expected to be between $0.70 and $0.78.

Q4 revenue expected between $337,000,000 and $347,000,000.

Conference Call Details

Date: Nov 02, 2020

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/vimbrgby

Price Action

52-week high: $42.64

Company's 52-week low was at $20.60

Price action over last quarter: down 9.04%

Company Description

Kforce Inc provides professional and technical specialty staffing services and solutions. The company operates three business segments: technology, finance and accounting, and government solutions. Its largest segment by revenue, technology, offers temporary staffing and permanent placement services focusing on system architecture and development, project management, enterprise data management, e-commerce, and security. The remaining operating units provide staffing for general accounting, financial analysis, and technology. Its primary revenue driver for the company is temporary placements. The largest end market is the United States.