earnings
confidence high
sentiment positive
materiality 0.80
Kforce Q3 revenue $402.7M (+10.2% YoY), EPS $0.96 beats guidance; Q4 guidance $394-402M
KFORCE INC
2021-Q3 EPS reported
$2.57
revenue$1,169,564,000
- Net income $20.2M ($0.96 diluted EPS) vs $18.8M ($0.89) in Q3 2020; revenue exceeded guidance.
- Technology flex revenue grew 28.9% YoY; FA flex revenue fell 41.3% due to COVID project wind-down.
- Direct hire revenue $13.6M, up 55.1% YoY and 10.6% sequentially.
- Board declared Q4 dividend $0.26/share, payable Dec 24 to holders of record Dec 10, 2021.
- Q4 2021 guidance: revenue $394-402M, EPS $0.92-1.00, gross margin 29.0-29.2%.