Kforce Inc. reports results for the quarter ended September 30 - Earnings Summary

• Kforce Inc. KFRC.N reported quarterly adjusted earnings of 90 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 63 cents. The mean expectation of five analysts for the quarter was for earnings of 76 cents per share. Wall Street expected results to range from 75 cents to 77 cents per share.

• Revenue rose 7.5% to $357.76 million from a year ago; analysts expected $354.42 million.

• Kforce Inc.'s reported EPS for the quarter was 90 cents​.

• The company reported quarterly net income of $15.45 million.

• Kforce Inc. shares had risen by 11.5% this quarter and gained 89.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 5.9% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the employment services peer group is also "buy"

• Wall Street's median 12-month price target for Kforce Inc. is $60.00, about 2.6% above its last closing price of $58.42

This summary was machine generated from LSEG data October 26 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)