Kforce Sees Q4 GAAP EPS $0.56-0.64 vs $0.67 Est; Sees Sales $337.000M-345.000M vs $345.12M Est
Portfolio Pulse from Benzinga Newsdesk
Kforce (NYSE:KFRC) has provided guidance for Q4 with expected GAAP EPS between $0.56 and $0.64, below the analyst estimate of $0.67. The company also anticipates sales between $337 million and $345 million, slightly below the $345.12 million estimate.
October 28, 2024 | 8:06 pm
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Kforce's Q4 guidance indicates lower-than-expected earnings and sales, which may negatively impact investor sentiment.
Kforce's guidance for Q4 shows both EPS and sales below analyst expectations. This could lead to a negative reaction from investors as the company is not meeting market expectations, potentially causing a short-term decline in stock price.
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