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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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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Kforce Inc. (NASDAQ:KFRC ) Q1 2022 Earnings Conference Call May 2, 2022 5:00 PM ET Company Participants Joe Liberatore – President and Chief Executive Officer Kye Mitchell – Executive Vice President and Chief Operations Officer Dave Kelly – Executive Vice President, Chief Financial and Administrative Officer Conference Call Participants Mark Marcon – Baird Marc Riddick – Sidoti Tobey Sommer – Truist Securities Kartik Mehta – Northcoast Research Operator Ladies and gentlemen, thank you for standing by. My name is Brent and I will be your conference operator today.

Kforce's (KFRC) CEO Joe Liberatore on Q1 2022 Results - Earnings Call Transcript

Kforce (KFRC) delivered earnings and revenue surprises of 22.37% and 2.19%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Kforce (KFRC) Q1 Earnings and Revenues Beat Estimates

Technology Revenues Grew Approximately 27% Year-Over-Year, Per Billing Day, and 35% Over the First Quarter of 2020

CORRECTION -- Kforce Reports First Quarter 2022 Revenues of $417.0 Million

Kforce Reports First Quarter 2022 Revenues of $417.0 Million

Kforce's momentum has slowed a tad in recent months. Investors should wait for direction. EPS trends still look very positive, with near-term quarterly numbers on the rise.

Kforce Inc: Assessing If The Multi-Year Bull Can Continue

Korn/Ferry Int.

Robert Half Int.

Services sector activity is expanding as employment continues to surge. Thus, stocks like Kforce (KFRC), KornFerry International (KFY), Randstad N.V.

4 Staffing Stocks to Watch on Growing Services Sector Activity

TAMPA, Fla., April 04, 2022 (GLOBE NEWSWIRE) -- Kforce Inc. (NASDAQ: KFRC), a solutions firm that specializes in technology and other professional staffing services, will release first-quarter results post-market on Monday, May 2, 2022, followed by a conference call at 5:00 pm ET to discuss the results. The dial-in number is (888) 550-5417 and the conference passcode is “Kforce”. The live webcast can be accessed at this link. A replay of the call will be available at http://investor.kforce.com for one year after the call.

Kforce Inc. to Announce First Quarter Results on May 2, 2022

TAMPA, Fla, March 30, 2022 (GLOBE NEWSWIRE) -- Kforce Inc. (NASDAQ: KFRC), a solutions firm that specializes in technology and other professional staffing services, announced today that management will participate in the Credit Suisse 4th Annual eXtreme Ideas Conference on May 4 and May 5, 2022. Kforce's investor presentation can be accessed at https://investor.kforce.com under “News and Events”.

Kforce Inc. Announces Participation in the Credit Suisse 4th Annual eXtreme Ideas Conference

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DLH Hlds

We have narrowed our search to five staffing stocks. These are: CCRN, KFRC, KFY, RHI, DLHC.

Initial Claims Drop to 52-Year Low: Top 5 Staffing Picks

The Zacks Staffing industry stands to benefit from the gradually recovering economy on manufacturing and service activities, which result in additional hiring and wage increase. RHI, KFY and KFRC are well poised to witness the demand surge.

3 Stocks to Invest in From the Promising Staffing Space

TAMPA, Fla., March 15, 2022 (GLOBE NEWSWIRE) -- Kforce Inc. (NASDAQ: KFRC) is scheduled to participate at Sidoti's Spring Virtual Small Cap Investor Conference on March 23-24, 2022. Kforce will present on March 23, 2022, at 10:00 a.m. Eastern. The live webcast can be accessed through this link or on Kforce's website at https://investor.kforce.com/ under “News and Events.”

Kforce Announces Participation at the Sidoti Spring Virtual Small Cap Investor Conference

While the U.S. economy has once again started adding jobs with the unemployment rate edging down, investing in staffing stocks like RHI, KFY, KFRC can be a prudent move.

3 Staffing Stocks to Buy on Improving Employment Trends

Resources Connection, Inc.

U.S. economy has once again started adding jobs and millions of vacancies still remain to be filled. This is likely to help staffing firms like Resources Connection, Inc. (RGP), DLH Holdings Corp. (DLHC), Kforce Inc. (KFRC) and Robert Half International Inc. (RHI).

4 Staffing Stocks to Buy on a Solid Surge in Employment

Kforce (KFRC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Kforce (KFRC) Upgraded to Strong Buy: What Does It Mean for the Stock?

Plains GP Hlds

Park National

PAGP, KFRC, and PEK made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 10, 2022

Best Income Stocks to Buy for February 10th

Kforce Inc. (KFRC) CEO David Dunkel on Q4 2021 Results - Earnings Call Transcript

Kforce (KFRC) delivered earnings and revenue surprises of 0% and 3.22%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Kforce (KFRC) Matches Q4 Earnings Estimates

TAMPA, Fla., Feb. 07, 2022 (GLOBE NEWSWIRE) -- Kforce Inc. (Nasdaq: KFRC), a provider of professional staffing services and solutions, today announced results for its fourth quarter and full year 2021.

Kforce Reports Fourth Quarter 2021 Revenue of $410.4 Million, Up Nearly 18% Year-Over-Year, Per Billing Day; Technology Revenues Up 32% Year-Over-Year, Per Billing Day; EPS of $0.98, Up 14.0% Year-Over-Year; Board of Directors Approves a 15% Increase in D

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.

Kforce (KFRC) Reports Next Week: Wall Street Expects Earnings Growth

TAMPA, Fla., Jan. 11, 2022 (GLOBE NEWSWIRE) -- Kforce I n c.  (NASDAQ: KFRC), a solutions firm that specializes in technology and other professional staffing services, will release fourth quarter results post-market on Monday, February 7, 2022, followed by a conference call at 5:00 pm ET to discuss the results. The dial-in number is (866) 211-4958 and the conference passcode is “Kforce”. The live webcast can be accessed at this link . A replay of the call will be available at http://investor.kforce.com for one year after the call.

Kforce Inc. to Announce Fourth Quarter Results on February 7, 2022

Job openings are at a record high, but employers are struggling to hire. Thus, the role of staffing firms has become important, helping companies like KFY, KFRC, RHI and CCRN.

4 Staffing Stocks to Buy in a Challenging Industry

TAMPA, Fla., Dec. 06, 2021 (GLOBE NEWSWIRE) -- Kforce Inc. (Nasdaq: KFRC) announced today that Joseph J. Liberatore, the Firm's current President and a more than 30-year veteran of the Company will succeed David L. Dunkel as Chief Executive Officer (CEO), effective January 1, 2022. Mr. Liberatore has been appointed to the Board effective immediately and will stand for election to the Board, as a Class I Director, at the Firm's annual meeting of shareholders in 2022.

Joseph J. Liberatore to Succeed David L. Dunkel as CEO of Kforce, Effective January 1, 2022

Staffing Firms Look to Continue Outperformance in 2022

Profit Off the Recruiting Boom With These 3 Zacks #1 Ranked Stocks

We have narrowed our search to five staffing stocks that have popped in the past three months. These are: KFRC, KFY, CCRN, RHI and RGP.

U.S. Weekly Jobless Claims Drop to 52-Year Low: 5 Top Picks

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The American Association of Individual Investors (AAII) publishes monthly tips for members on-line. Their November Journal featured these thirty Buffett-worthy candidates by one of Buffett's closest followers, Robert Hagstrom.

News for Kforce Stock (KFRC)