KFRC Earnings Prediction
The chart below shows how KFRC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, KFRC sees a +2.10% change in stock price 10 days leading up to the earnings, and a +0.58% change 10 days following the report. On the earnings day itself, the stock moves by -0.56%. This data can give you a slight idea of what to expect for the next quarter's release.
KFRC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
343.78M
-5.41%
-2.70%
Gross Margin
26.52%
-1.78%
-3.42%
Operating Margin
4.53%
-24.25%
-14.53%
Net Margin
3.22%
-25.46%
-19.90%
EPS
0.59
-28.05%
-21.33%
No Data Available
KFRC Earnings Analysis
Kforce Inc Corporation (KFRC.O) Earnings Conference Call
Positive
Revenue Exceeds Expectations: Total revenues of $34,380,000 exceeded the midpoint of expectations, growing 0.4% sequentially on a billing day basis.
Stable Earnings Performance: Earnings per share was at the midpoint of guidance, reflecting stable performance despite higher healthcare costs.
Strong Cash Generation: Operating cash flows were approximately $87,000,000 for 2024, demonstrating strong cash generation capabilities.
Dividend Increase Approval: The Board of Directors approved an increase in the quarterly dividend for the sixth consecutive year, highlighting commitment to returning capital to shareholders.
Technology Margin Resilience: Flex margins in the Technology business only declined 10 basis points year over year, indicating resilience in the face of higher healthcare costs.
Negative
Revenue Decline Analysis: Total revenues of $1,413,000,000 decreased approximately 9% year over year, indicating a significant decline in overall financial performance.
Earnings Decline Analysis: Earnings per share in 2024 was $2.68, which declined 14% year over year on a GAAP basis and 23% on a non-GAAP basis, reflecting deteriorating profitability.
Technology Margin Pressure: Flex margins in the Technology business decreased 80 basis points sequentially due to normal holiday seasonality and higher healthcare costs, indicating pressure on profit margins.
Gross Margin Decline: Overall gross margins decreased 90 basis points sequentially to 27% due to higher healthcare costs and lower direct hire mix, highlighting challenges in maintaining profitability.
Technology Revenue Decline: Revenues in the Technology business declined 5.2% year over year per billing day, suggesting a weakening demand for technology staffing services.
KFRC FAQs
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KFRC Earning Call Sentiment
Earnings call transcript: Kforce Q4 2024 meets expectations, stock dips
KFRC.O
0.26%Positive
The earnings call presents a mixed picture: while there are positives like the dividend increase, share repurchases, and strategic investments in AI and technology, negatives such as declining revenues, EPS, and flex margins due to healthcare costs and seasonality offset them. The Q&A highlights client hesitancy and regulatory uncertainty, further dampening sentiment. Given the market cap of $1.2 billion, the stock is likely to see a neutral movement (-2% to 2%) over the next two weeks as investors weigh these mixed signals.
