Earnings Outlook For Kforce
Portfolio Pulse from Benzinga Insights
Kforce (NASDAQ:KFRC) is scheduled to release its quarterly earnings report on February 5, 2024, with an estimated EPS of $0.79. Historically, Kforce has shown mixed results in beating EPS estimates, with a notable 8.55% share price increase following last quarter's earnings beat. Over the past year, KFRC shares have risen by 18.77%, indicating a positive outlook among long-term investors. The upcoming earnings report and particularly the company's guidance for future quarters will be critical for investors.
February 02, 2024 | 4:01 pm
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Kforce is anticipated to report quarterly earnings with an EPS estimate of $0.79. The company's past performance and the 18.77% annual increase in share price suggest a positive investor sentiment. The focus will be on the earnings outcome and future guidance.
Given Kforce's history of mixed earnings performance and the significant share price increase following last quarter's earnings beat, the upcoming report is likely to have a positive short-term impact, especially if the company beats the EPS estimate again and provides optimistic future guidance. The historical data suggests that earnings beats are positively correlated with share price movements.
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