Kforce Q2 2024 GAAP EPS $0.75 Beats $0.73 Estimate, Sales $356.318M Beat $356.096M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kforce (NASDAQ:KFRC) reported Q2 2024 earnings per share of $0.75, beating the analyst estimate of $0.73. The company also reported sales of $356.318 million, slightly above the $356.096 million estimate. However, sales decreased by 8.45% compared to the same period last year.
July 29, 2024 | 8:13 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Kforce reported Q2 2024 earnings per share of $0.75, beating the analyst estimate of $0.73. Sales were $356.318 million, slightly above the $356.096 million estimate, but down 8.45% year-over-year.
Kforce's earnings per share and sales both beat analyst estimates, which is positive news for the stock. However, the year-over-year decline in sales may temper investor enthusiasm. Overall, the short-term impact is likely to be positive due to the earnings beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100