Loading...
•
Dec 31, 2019
Kforce Q4 2019 Earnings Report
Reported fourth quarter 2019 revenue and EPS, with revenue at $336.2 million and EPS at $0.66 per share.
Key Takeaways
Kforce reported Q4 2019 revenue of $336.2 million, a 1.8% increase compared to Q4 2018. Earnings per share from continuing operations were $0.66, up 22.2% year over year. The company repurchased approximately 0.7 million shares of common stock at a total cost of approximately $26.5 million during the quarter.
Revenue for Q4 2019 was $336.2 million, a 1.8% increase year over year.
Tech Flex revenue grew by 4.8% year over year, while FA Flex revenue decreased by 7.6%.
EPS from continuing operations for Q4 2019 was $0.66 per share, up 22.2% year over year.
The Board of Directors approved an 11% increase in the quarterly dividend.
Revenue by Segment
Forward Guidance
Kforce anticipates revenue between $333 million and $339 million and earnings per share between $0.43 and $0.47 for the first quarter of 2020.
Positive Outlook
- Revenue of $333 million to $339 million
- Earnings per share of $0.43 to $0.47
- Gross profit margin of 27.7% to 27.9%
- Flex gross profit margin of 25.6% to 25.8%
- SG&A expense as a percent of revenue of 22.9% to 23.1%
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...