Kforce: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Kforce (NASDAQ:KFRC) reported Q4 earnings with an EPS of $0.82, beating estimates by 3.8% but with a revenue decrease of $56.22 million from the previous year. The company has a history of beating EPS estimates, which previously led to a share price increase.
February 05, 2024 | 9:05 pm
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Kforce reported higher than expected Q4 earnings with an EPS of $0.82, surpassing estimates by 3.8%, but saw a decrease in revenue compared to last year.
Kforce's beat on EPS estimates is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price, similar to the previous quarter's performance post-earnings announcement. However, the decrease in revenue could temper some of the positive sentiment.
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