Kforce (NASDAQ:KFRC) is set to announce its earnings results before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.40 per share for the quarter. Kforce has set its Q1 2019 guidance at $0.40-0.42 EPS and its Q1 guidance at $0.40-0.42 EPS.

Kforce (NASDAQ:KFRC) last announced its quarterly earnings results on Wednesday, February 6th. The business services provider reported $0.65 EPS for the quarter, beating the consensus estimate of $0.57 by $0.08. The firm had revenue of $358.00 million for the quarter, compared to analyst estimates of $352.21 million. Kforce had a return on equity of 37.58% and a net margin of 4.09%. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.45 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.

Shares of Kforce stock opened at $37.35 on Wednesday. The firm has a market cap of $960.00 million, a PE ratio of 16.24 and a beta of 1.33. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.75 and a current ratio of 2.75. Kforce has a 12 month low of $25.60 and a 12 month high of $43.51.

In other Kforce news, COO Kye L. Mitchell sold 17,513 shares of Kforce stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $36.30, for a total value of $635,721.90. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Andrew G. Thomas sold 25,560 shares of Kforce stock in a transaction dated Friday, January 25th. The shares were sold at an average price of $33.02, for a total value of $843,991.20. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 120,921 shares of company stock worth $4,067,046. Insiders own 11.80% of the company’s stock.

Several equities analysts have recently commented on KFRC shares. BidaskClub upgraded Kforce from a “hold” rating to a “buy” rating in a research note on Thursday, January 10th. ValuEngine upgraded Kforce from a “hold” rating to a “buy” rating in a research note on Thursday, February 7th. Finally, Zacks Investment Research upgraded Kforce from a “hold” rating to a “strong-buy” rating and set a $41.00 price target on the stock in a research note on Friday, February 8th. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Kforce currently has a consensus rating of “Hold” and a consensus price target of $40.20.

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Kforce Company Profile

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. The Tech segment provides temporary staffing and permanent placement services to its clients primarily in the areas of information technology, such as systems/applications architecture and development, project management, enterprise data management, business intelligence, artificial intelligence, machine learning, network architecture, and security.

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Earnings History for Kforce (NASDAQ:KFRC)

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