Kforce

Kforce, Inc. engages in the provision of professional and technical staffing services and solutions. It operates through the Technology and Finance and Accounting (FA) segments. The Technology segment offers services on areas of information technology such as systems and applications architecture and development, data management, business and artificial intelligence, machine learning, and network architecture and security. The FA segment serves clients in areas such as accounting, transactional finance, financial analysis and reporting, taxation, budgeting, loan servicing, professional administration, audit services and systems, and controls analysis and documentation. The company was founded in 1962 and is headquartered in Tampa, FL.

Earnings data Q1 2021

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Earnings data Q1 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Kforce reports strong 2022 performance, eyes double-digit margins in 2023

Kforce's 2022 performance reflects resilience and strategic growth initiatives despite economic headwinds. The company's focus on organic growth, profitability, and agility positions them well for future success. Anticipated investments and market opportunities signal a positive outlook for sustained growth and market expansion.

Kforce reports Q1 2023 earnings, focuses on tech talent demand

Kforce navigated a challenging macro-economic environment in Q1 2023, with a focus on stable billable consultants and strategic investments. Despite revenue declines, the company sees opportunities in improving bill rates and margins, emphasizing high-skill talent and technology solutions.

Kforce meets EPS guidance amidst revenue decline, eyes modernization

Kforce navigated uncertain economic environment by aligning costs with lower revenues.
Confidence in technology services demand and strategic partnerships for market outperformance.
Proactive cost adjustments and focus on modernization to drive productivity and savings.
Challenges include revenue decline in technology business and talent availability concerns.

Kforce surpasses Q3 expectations with strong Tech performance and challenges

Kforce's Q3 performance exceeded expectations driven by Technology business. Challenges include margin pressures and candidate availability. Opportunities lie in growth areas like application development and digital transformation projects.

Kforce reports resilient Q4 performance amidst 2023 challenges

Kforce navigated a challenging 2023 with strategic investments and cost adjustments to maintain profitability.
Strong financial performance in Q4 showcased sequential growth in technology business and shareholder value focus.
Management's optimism for 2024, despite potential recession concerns, reflects strong client relationships and growth opportunities.
Industry vertical performance varied, with successes in financial services and technology, while challenges persisted in manufacturing.

Kforce maintains stability in Q1 amidst economic uncertainties and talent dynamics

Kforce navigated Q1 challenges with stability and cost management, leveraging its strengths in talent recruitment and technology initiatives. Despite economic uncertainties, the company sees growth opportunities in expanding its customer base and addressing clients' staffing needs.

Kforce reports stable Q2 earnings, focuses on tech investments

Kforce's Q2 2024 earnings call showcased stable financial performance and a focus on technology investments.
The company addressed challenges such as revenue ceiling concerns and emphasized opportunities for growth.
Analysts' inquiries focused on revenue drivers, pricing competition, and capacity management for growth.
Kforce's strengths in talent upgrades, service delivery efficiency, and diversified offerings were key takeaways.

Kforce exceeds Q3 expectations, eyes India expansion amid challenges

Kforce delivered strong Q3 results, particularly in the Technology business, with stable margins and growth expectations.
Challenges include economic uncertainty impacting client spending and the need for revenue stabilization in FA business.
Opportunities lie in mission-critical projects driving investments and the establishment of an India development center.
Overall, Kforce focuses on innovation, stability, and execution to navigate economic cycles and drive long-term success.

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TAMPA, Fla., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Kforce Inc. (NASDAQ: KFRC) today provided an update to its expected fourth quarter results ahead of its scheduled earnings call on February 8, 2021. Due to stronger than anticipated consultant assignment growth in the fourth quarter, Kforce expects revenues and earnings per share to exceed the top end of its previously announced guidance of $347 million in revenues and earnings of $0.78 per share.

Kforce Expects Fourth Quarter Revenues and Earnings Per Share to Exceed Prior Guidance; Q4 Tech Flex Revenues Grew Nearly 6% Sequentially Per Billing Day; Kforce to Release Its Q4 Results on February 8, 2021

Kforce Inc. (KFRC) CEO David Dunkel on Q3 2020 Results - Earnings Call Transcript

Kforce (KFRC) delivered earnings and revenue surprises of 7.23% and 0.54%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Kforce (KFRC) Tops Q3 Earnings and Revenue Estimates

Shares of Kforce (NASDAQ:KFRC) were unchanged after the company reported Q3 results. Quarterly Results Earnings per share increased 30.88% year over year to $0.89, which beat the estimate of $0.81.

Kforce: Q3 Earnings Insights

TAMPA, Fla., Oct. 21, 2020 (GLOBE NEWSWIRE) -- Kforce Inc. (NASDAQ: KFRC), a provider of professional staffing services and solutions, will release third quarter results post-market on Monday, November 2, 2020 and host a conference call to discuss the results. The call will begin at 5:00 p.m. ET. The dial-in number is (877) 344-3890 and the conference passcode is Kforce. A replay of the call will be available from 8:00 p.m. ET Monday, November 2, 2020 until November 9, 2020 by dialing (855) 859-2056, passcode 7982477.

Kforce Inc. Announces Third Quarter 2020 Earnings Date and Participation at the J.P. Morgan Ultimate Services Investor Conference

Kforce (KFRC) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.

Why Kforce (KFRC) is Such a Great Value Stock Pick Right Now

As of late, it has definitely been a great time to be an investor in Kforce.

Kforce's Shares March Higher, Can It Continue?

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Investing in business services stocks can be a prudent move as the sector seeks to benefit from the gradually recovering U.S. economy, backed by upbeat manufacturing and non-manufacturing activities.

4 Business Services Stocks Poised to Deliver Stellar Q3 Results

TAMPA, Fla., Sept.  21, 2020  (GLOBE NEWSWIRE) -- Kforce Inc. (NASDAQ: KFRC) today provided an update to its expected third quarter results ahead of its scheduled presentation at the Sidoti 2020 Virtual Investor Conference on September 24, 2020. Based on its positive trends in the third quarter, Kforce now expects revenues and earnings per share to exceed the top end of its previously announced guidance of $362 million in revenues and earnings of $0.82 per share.

Kforce Expects to Exceed Top End of Third Quarter Guidance

Is Kforce Inc. (KFRC) a great pick from the value investor's perspective right now?

Should Value Investors Pick Kforce (KFRC) Stock Right Now?

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Why Kforce (KFRC) Could Be a Top Value Stock Pick

TAMPA, Fla., Aug.  26, 2020  (GLOBE NEWSWIRE) -- Kforce Inc. (NASDAQ: KFRC), today announced that management will participate at the Sidoti 2020 Virtual Investor Conference on September 23-24, 2020.  The live conference webcast will take place on September 24, 2020 at 3:15 p.m.  A link to the live conference webcast and presentation can be accessed on Kforce's web site at  www.kforce.com  in the Investor Relations section under “Events and Presentations.”

Kforce to Present at the Sidoti 2020 Virtual Investor Conference

Kforce Inc. (KFRC) CEO David Dunkel on Q2 2020 Results - Earnings Call Transcript

Kforce (KFRC) delivered earnings and revenue surprises of 74.07% and 9.30%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Kforce (KFRC) Q2 Earnings and Revenues Surpass Estimates

TAMPA, Fla., Aug.  10, 2020  (GLOBE NEWSWIRE) -- Kforce Inc. (Nasdaq: KFRC), a professional staffing services and solutions firm, today announced results for the second quarter of 2020.

Second Quarter 2020 Revenue of $343.0 Million, Up 1.2% Year Over Year, EPS of $0.47; Tech Flex Declined 3.0% Year Over Year

Kforce (NASDAQ: KFRC) unveils its next round of earnings this Monday, August 10.

Earnings Outlook For Kforce

Kforce (KFRC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Kforce (KFRC) Q2 Earnings Expected to Decline

TAMPA, Fla., July  08, 2020  (GLOBE NEWSWIRE) -- Kforce Inc. (NASDAQ: KFRC), a provider of professional staffing services and solutions, on Monday, August 10, 2020 will release second quarter results post-market and host a conference call to discuss the results.  The call will begin at 5:00 p.m. ET. The dial-in number is (877) 344-3890.  The conference passcode is Kforce.  The replay of the call will be available from 8:00 p.m. ET Monday, August 10, 2020 until August 17, 2020 by dialing (855) 859-2056, passcode 9977937.

Kforce Inc. Announces Second Quarter 2020 Earnings Date

Kforce Inc. (KFRC) CEO David Dunkel on Q1 2020 Results - Earnings Call Transcript

Kforce (KFRC) Reports Next Week: What to Expect

TAMPA, Fla., March  18, 2020  (GLOBE NEWSWIRE) -- Kforce Inc. (Nasdaq: KFRC), a provider of professional staffing services and solutions, today announced several steps Kforce has taken against the current market backdrop. 

KFORCE BOARD INCREASES SHARE REPURCHASE AUTHORIZATION UP TO $100 MILLION; SECURES $100 MILLION OF FIXED RATE DEBT AT 1.86 PERCENT; ENTERS INTO A 10B5-1 TRADING PLAN EFFECTIVE THROUGH MAY 7, 2020

Kforce Inc. (KFRC) CEO David Dunkel on Q4 2019 Results - Earnings Call Transcript

News for Kforce Stock (KFRC)