Kforce Reports Third Quarter 2019 Revenue of $345.6 Million, EPS From Continuing Operations of $0.68 per Share; Tech Flex Year-Over-Year Growth Accelerates to 6.5%, on a Billing Day Basis; Repurchased

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Kforce (KFRC) Tops Q3 EPS by 1c, Revenues Beat; Offers Q4 EPS/Revenue Outlook

October 30, 2019 7:37 AM EDT

Kforce (NASDAQ: KFRC) reported Q3 EPS of $0.68, $0.01 better than the analyst estimate of $0.67. Revenue for the quarter came in at $345.6 million versus the consensus estimate of $340.17 million.

Financial Highlights

Revenue for the quarter ended September 30, 2019 was $345.6 million compared to $326.6 million for the quarter ended September 30, 2018, an increase of 4.2% on a billing day basis.Flex revenue of $333.7 million in the quarter ended September 30, 2019 increased 3.9%, on a billing day basis, from $316.1 million in the quarter ended September 30, 2018. Year-over-year growth for Tech Flex was 6.5% on a billing day basis, while FA Flex... More