Kforce (KFRC) to Release Quarterly Earnings on Monday

Kforce (NASDAQ:KFRC - Get Free Report) is expected to issue 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. Persons interested in registering for the company's earnings conference call can do so using this link.

Kforce (NASDAQ:KFRC - Get Free Report) last announced its quarterly earnings results on Monday, October 28th. The business services provider reported $0.75 EPS for the quarter, beating the consensus estimate of $0.69 by $0.06. The business had revenue of $353.30 million during the quarter, compared to analysts' expectations of $352.19 million. Kforce had a return on equity of 33.50% and a net margin of 3.86%. The firm's quarterly revenue was down 5.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.90 EPS. On average, analysts expect Kforce to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Kforce Stock Up 2.2 %

KFRC traded up $1.22 during midday trading on Monday, hitting $56.92. 82,531 shares of the company's stock traded hands, compared to its average volume of 75,521. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.06 and a quick ratio of 2.06. The company has a market cap of $1.09 billion, a PE ratio of 19.63 and a beta of 0.89. The stock's fifty day simple moving average is $57.71 and its 200-day simple moving average is $60.42. Kforce has a one year low of $52.96 and a one year high of $74.79.

Wall Street Analyst Weigh In

Several research firms recently issued reports on KFRC. StockNews.com raised shares of Kforce from a "hold" rating to a "buy" rating in a research note on Saturday, November 30th. Sidoti raised Kforce from a "neutral" rating to a "buy" rating and set a $71.00 price objective on the stock in a report on Tuesday, October 15th. Finally, Truist Financial reduced their price objective on shares of Kforce from $68.00 to $58.00 and set a "hold" rating for the company in a research note on Tuesday, October 29th.

About Kforce

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.