Kforce Q4 EPS $0.82 Beats $0.79 Estimate, Sales $363.45M Beat $363.36M Estimate
Portfolio Pulse from totan@benzinga.com
Kforce (NASDAQ:KFRC) reported Q4 earnings of $0.82 per share, surpassing the $0.79 estimate, and sales of $363.45M, slightly above the $363.36M estimate. However, both earnings and sales saw a decrease from the previous year, with earnings down 11.83% and sales down 13.40%.
February 05, 2024 | 9:04 pm
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NEUTRAL IMPACT
Kforce reported higher than expected Q4 earnings and sales, but both metrics are down from the previous year.
While Kforce beat analyst estimates for Q4, the year-over-year decline in both earnings and sales may temper investor enthusiasm. The beat on estimates could provide some positive short-term momentum, but the declines highlight potential challenges ahead.
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IMPORTANCE 75
RELEVANCE 100