Kforce (Nasdaq: KFRC ) reported earnings on Feb. 5. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Kforce met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue shrank and GAAP earnings per share dropped significantly.
Gross margins grew, operating margins increased, net margins shrank.
Kforce reported revenue of $269.8 million. The eight analysts polled by S&P Capital IQ foresaw net sales of $267.6 million on the same basis. GAAP reported sales were 5.5% lower than the prior-year quarter's $285.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.24. The eight earnings estimates compiled by S&P Capital IQ averaged $0.22 per share. GAAP EPS of $0.17 for Q4 were 15% lower than the prior-year quarter's $0.20 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 32.8%, 160 basis points better than the prior-year quarter. Operating margin was 5.1%, 190 basis points better than the prior-year quarter. Net margin was 2.3%, 20 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $275.5 million. On the bottom line, the average EPS estimate is $0.14.
Next year's average estimate for revenue is $1.14 billion. The average EPS estimate is $0.99.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 86 members out of 97 rating the stock outperform, and 11 members rating it underperform. Among 34 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 32 give Kforce a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Kforce is outperform, with an average price target of $15.22.
Looking for alternatives to Kforce? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add Kforce to My Watchlist.