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A Peek at Kforce's Future Earnings

Kforce (NASDAQ:KFRC) is gearing up to announce its quarterly earnings on Monday, 2024-10-28. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Kforce will report an earnings per share (EPS) of $0.69.

Anticipation surrounds Kforce's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Historical Earnings Performance

In the previous earnings release, the company beat EPS by $0.02, leading to a 3.88% increase in the share price the following trading session.

Here's a look at Kforce's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.73

0.58

0.79

0.78

EPS Actual

0.75

0.58

0.82

0.90

Price Change %

4.0%

-4.0%

-1.0%

9.0%

Tracking Kforce's Stock Performance

Shares of Kforce were trading at $55.22 as of October 24. Over the last 52-week period, shares are down 1.67%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

Insights Shared by Analysts on Kforce

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Kforce.

The consensus rating for Kforce is Buy, derived from 1 analyst ratings. An average one-year price target of $71.0 implies a potential 28.58% upside.

Comparing Ratings with ...