Kforce: 4Q Earnings Snapshot
TAMPA, Fla. (AP) _ Kforce Inc. (KFRC) on Wednesday reported fourth-quarter earnings of $16.4 million.
On a per-share basis, the Tampa, Florida-based company said it had net income of 65 cents.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.
The staffing company posted revenue of $358 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $352.2 million.
For the year, the company reported profit of $58 million, or $2.30 per share. Revenue was reported as $1.42 billion.
For the current quarter ending in April, Kforce said it expects revenue in the range of $351 million to $356 million.
Kforce shares have climbed almost 8 percent since the beginning of the year. The stock has increased 37 percent in the last 12 months.