Kforce Expects Q3 Revenue Of $347M - $355M (Est $363.57M), EPS Of $0.65 - $0.73 (Est $0.79)
Portfolio Pulse from Benzinga Newsdesk
Kforce Inc. (KFRC) has announced its Q3 revenue expectations to be between $347 million and $355 million, which is below the estimated $363.57 million. The company also expects its EPS to be between $0.65 and $0.73, falling short of the estimated $0.79.
July 29, 2024 | 8:38 pm
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Kforce Inc. has provided Q3 revenue guidance of $347M-$355M, below the estimated $363.57M. The EPS guidance of $0.65-$0.73 also falls short of the estimated $0.79.
The lower-than-expected revenue and EPS guidance is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100