Kforce, Inc. (NASDAQ:KFRC) is set to announce third quarter earning results on Monday 2nd November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, KFRC to report 3Q20 income of $ 0.81 per share.
For the full year, analysts anticipate top line of $ 1381.10 million, while looking forward to income of $ 2.29 per share bottom line.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 0.82 ~ $ 0.82 per share, while revenues are expected in a range of $ 362.00 million ~ $ 362.00 million
Full Year 2020 topline are forecasted in a range of$ 1,418.00 million ~ $ 1,438.00 million, where as bottomline are predicted in a range of $ 2.73 ~ $ 2.89 per share
Click Here For More Historical Outlooks Of Kforce, Inc.
Previous Quarter Performance
Kforce, Inc. reported income for the second quarter of $ 0.47 per share, from the revenue of $ 343.02 million. The quarterly earnings decreased 28.79 percent while revenues grew 1.23 percent compared with the same quarter last year.
Street analysts expected Kforce, Inc. to report income of $ 0.31 per share on revenue of $ 313.80 million for the second quarter. The bottom line results beat street analysts by $ 0.16 or 51.61 percent, at the same time, top line results outshined analysts by $ 29.22 million or 9.31 percent.
Stock Performance
On Friday, shares of Kforce, Inc. has traded high as $ 34.90 and has cracked $ 33.98 on the downward trend, reaching $ 34.70 with volume of 112.00 thousand shares.
According to the previous trading day, closing price of $ 34.70, representing a 69.37 % increase from the 52 week low of $ 20.60 and a 18.18 % decrease over the 52 week high of $ 42.64.
The company has a market capital of $ 761.58 million and is part of the Industrials sector and Staffing & Outsourcing Services industry.
Recent Stock Dividend Announcement
On August 10, 2020, the board of directors authorized quarterly dividend of $ 0.20 per share to holders of record as of the close of business on September 11, 2020, with payment date of September 25, 2020 and ex-dividend date on September 10, 2020.
Conference Call
Kforce, Inc. will be hosting a conference call at 5:00 PM eastern time on 2nd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.kforce.com
Kforce Inc. provides professional staffing services and solutions in the United States and internationally. It operates through Technology (Tech), Finance and Accounting (FA), and Government Solutions (GS) segments.
