Latest news with #Kforce
Globe and Mail
09-07-2025
- Business
- Globe and Mail
Kforce Inc. to Announce Second Quarter Results on July 28, 2025
Kforce Inc. (NYSE: KFRC), a provider of professional staffing services and solutions, will release second quarter results post-market on Monday, July 28, 2025, followed by a conference call at 5:00 pm ET to discuss the results. The dial-in number is (800) 715-9871 and the conference passcode is 'Kforce'. A replay of the call will be available on our website at for one year after the call. About Kforce Inc. Kforce Inc. (the 'Firm') is a solutions firm specializing in technology, finance and accounting, and other professional staffing services. Our KNOWLEDGEforce ® empowers industry-leading companies to achieve their digital transformation goals. We curate teams of technical experts who deliver solutions custom-tailored to each client's needs. These scalable, flexible outcomes are shaped by deep market knowledge, thought leadership and our multi-industry expertise. Our integrated approach is rooted in 60 years of proven success deploying highly skilled professionals on a temporary and direct-hire basis. Each year, approximately 18,000 talented experts work with Fortune 500 and other leading companies. Together, we deliver Great Results Through Strategic Partnership and Knowledge Sharing ®. Cautionary Note Regarding Forward-Looking Statements All statements in this press release, other than those of a historical nature, are forward-looking statements including, but not limited to, statements regarding the return to a significant increase in investments from many companies, the backlog of strategically imperative technology investments, the leveraging by companies of flexible talent to advance their technology imperatives, any necessary adjustments to our business, investments in our long-term strategic priorities, retention of our most productive associates, and the Firm's guidance for the second quarter of 2025. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Factors that could cause actual results to differ materially include the following: general business conditions; the imposition of U.S. tariffs and Department of Government Efficiency (DOGE) actions, and their potential impacts on our operations and the broader economy; growth rate in temporary staffing and the general economy; competitive factors; risks due to shifts in the market demand; changes in client demand or our ability to adapt to such changes; a constraint in the supply of consultants and candidates or the Firm's ability to attract and retain such individuals; the success of the Firm in attracting and retaining its management team and key operating employees; changes in business or service mix; the ability of the Firm to repurchase shares and issue dividends; the occurrence of unanticipated expenses, income, gains or losses; the effect of adverse weather conditions; changes in our effective tax rate; our ability to comply with or respond to government regulations, laws, orders, guidelines and policies that impact our business; risk of contract performance, delays, termination or the failure to obtain new assignments or contracts, or funding under contracts; ability to comply with our obligations in a remote work environment, including consultants engaging in unauthorized or fraudulent activity; continued performance, security of, and improvements to, our enterprise information systems; and impacts of actual or potential litigation or other legal or regulatory matters or liabilities, including the risk factors and matters listed from time to time in the Firm's reports filed with the Securities and Exchange Commission, including, but not limited to, the Firm's Form 10-K for the fiscal year ended December 31, 2024, as well as assumptions regarding the foregoing. The terms 'should,' 'believe,' 'estimate,' 'expect,' 'intend,' 'anticipate,' 'plan' and similar expressions and variations thereof contained in this press release identify certain of such forward-looking statements, which speak only as of the date of this press release. As a result, such forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Future events and actual results may differ materially from those indicated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements and the Firm undertakes no obligation to update any forward-looking statements.
Yahoo
23-06-2025
- Business
- Yahoo
The 5 Most Interesting Analyst Questions From Kforce's Q1 Earnings Call
Kforce's first quarter was met with a negative market reaction, as results came in below Wall Street's revenue and profit expectations. Management pointed to weaker client demand for new technology projects, particularly in its traditional staffing business, as a key driver of the shortfall. CEO Joe Liberatore noted that 'the earlier optimism has waned to a degree and the macro uncertainties have increased, which may delay in acceleration of investment for many companies.' The company also noted that although economic uncertainty has not led to widespread project cancellations, there is hesitation among clients to initiate new initiatives, leading to a sequential headcount decline mid-quarter. Is now the time to buy KFRC? Find out in our full research report (it's free). Revenue: $330 million vs analyst estimates of $333.5 million (6.2% year-on-year decline, 1% miss) EPS (GAAP): $0.45 vs analyst expectations of $0.47 (4% miss) Adjusted EBITDA: $16.75 million vs analyst estimates of $16.95 million (5.1% margin, 1.2% miss) Revenue Guidance for Q2 CY2025 is $336 million at the midpoint, below analyst estimates of $342.9 million EPS (GAAP) guidance for Q2 CY2025 is $0.61 at the midpoint, missing analyst estimates by 4.4% Operating Margin: 3.5%, in line with the same quarter last year Market Capitalization: $711.2 million While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Mark Marcon (Baird) asked about client commitment to ongoing projects versus potential cancellations. COO Dave Kelly replied that clients are largely maintaining existing projects, with 'stable activity' and few cancellations, though new initiatives remain slow. Kartik Mehta (Northcoast Research) questioned Kforce's capacity to scale if demand improves. Kelly explained that sales headcount remains at prior peak levels and delivery resources can ramp quickly, estimating 'about 40% capacity' for growth without immediate hiring. Tobey Sommer (Truist) inquired about the timeline and progress of internal initiatives like Workday and the India center. Kelly confirmed Workday remains on track for early 2026, while the India center is live and already supporting projects. Trevor Romeo (William Blair) asked about demand patterns for consulting services. Kelly described broad success in application engineering, digital, data rationalization, and cloud, with work often tied to AI readiness projects. Josh Chan (UBS) pressed on rising healthcare costs and their impact on margins. CFO Jeff Hackman noted the trend is driven by claim severity rather than volume, and that costs are priced in annually but can vary by quarter. In the coming quarters, the StockStory team will be watching (1) whether Kforce's consulting and offshore segments can offset macro-driven softness in traditional staffing, (2) progress on major technology initiatives like the Workday implementation and India center expansion, and (3) any signs that client demand for new technology projects begins to recover. Continued monitoring of bill rates and gross margin stability will also be important indicators of business health. Kforce currently trades at $40.14, down from $42.64 just before the earnings. At this price, is it a buy or sell? The answer lies in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
17-06-2025
- Business
- Globe and Mail
SCHD ETF News, 6/13/2025
How is SCHD stock faring? The Schwab U.S. Dividend Equity ETF (SCHD) is up 1.47% in the past five days and 4.85% over the past year. Confident Investing Starts Here: According to TipRanks' unique ETF analyst consensus, determined based on a weighted average of its holdings' analyst ratings, SCHD is a Moderate Buy. The Street's average price target of $29.83 implies an upside of 10.41%. Currently, SCHD's five holdings with the highest upside potential are Kforce (KFRC), Halliburton (HAL), AMERISAFE, Inc. (AMSF), Interpublic Group of Companies (IPG), and Schlumberger (SLB). Meanwhile, its five holdings with the greatest downside potential are Cf Industries Holdings (CF), Moelis (MC), Buckle (BKE), Ford Motor (F), and Carter's (CRI). Revealingly, SCHD ETF's Smart Score is seven, implying that this ETF will likely perform in line with the market. Power up your ETF investing with TipRanks. Discover the Top Equity ETFs with High Upside Potential, carefully curated based on TipRanks' analysis.
Yahoo
28-05-2025
- Business
- Yahoo
Are Kforce Inc.'s (NYSE:KFRC) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
It is hard to get excited after looking at Kforce's (NYSE:KFRC) recent performance, when its stock has declined 16% over the past three months. But if you pay close attention, you might find that its key financial indicators look quite decent, which could mean that the stock could potentially rise in the long-term given how markets usually reward more resilient long-term fundamentals. Particularly, we will be paying attention to Kforce's ROE today. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Put another way, it reveals the company's success at turning shareholder investments into profits. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Kforce is: 34% = US$48m ÷ US$138m (Based on the trailing twelve months to March 2025). The 'return' is the profit over the last twelve months. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.34 in profit. Check out our latest analysis for Kforce Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. Firstly, we acknowledge that Kforce has a significantly high ROE. Second, a comparison with the average ROE reported by the industry of 20% also doesn't go unnoticed by us. As you might expect, the 2.5% net income decline reported by Kforce doesn't bode well with us. We reckon that there could be some other factors at play here that are preventing the company's growth. For example, it could be that the company has a high payout ratio or the business has allocated capital poorly, for instance. That being said, we compared Kforce's performance with the industry and were concerned when we found that while the company has shrunk its earnings, the industry has grown its earnings at a rate of 11% in the same 5-year period. The basis for attaching value to a company is, to a great extent, tied to its earnings growth. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Is Kforce fairly valued compared to other companies? These 3 valuation measures might help you decide. In spite of a normal three-year median payout ratio of 45% (that is, a retention ratio of 55%), the fact that Kforce's earnings have shrunk is quite puzzling. So there could be some other explanations in that regard. For instance, the company's business may be deteriorating. Additionally, Kforce has paid dividends over a period of at least ten years, which means that the company's management is determined to pay dividends even if it means little to no earnings growth. Upon studying the latest analysts' consensus data, we found that the company's future payout ratio is expected to rise to 55% over the next three years. Regardless, the ROE is not expected to change much for the company despite the higher expected payout ratio. In total, it does look like Kforce has some positive aspects to its business. Although, we are disappointed to see a lack of growth in earnings even in spite of a high ROE and and a high reinvestment rate. We believe that there might be some outside factors that could be having a negative impact on the business. That being so, the latest industry analyst forecasts show that the analysts are expecting to see a huge improvement in the company's earnings growth rate. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Associated Press
20-05-2025
- Business
- Associated Press
Kforce Inc. Announces Participation in the UBS SMID-Cap Multisector Virtual Conference on June 24, 2025
TAMPA, Fla.--(BUSINESS WIRE)--May 20, 2025-- Kforce Inc. (NYSE: KFRC), a provider of professional staffing services and solutions, announced today that Jeff Hackman, Chief Financial Officer and Michael Blackman, Chief Corporate Development Officer, will participate in the UBS SMID-Cap Multisector Virtual Conference on June 24, 2025. Kforce's investor presentation can be accessed on our website at in the Investor Relations section under 'News and Events.' About Kforce Inc. Kforce Inc. (the 'Firm') is a solutions firm specializing in technology, finance and accounting, and other professional staffing services. Our KNOWLEDGEforce® empowers industry-leading companies to achieve their digital transformation goals. We curate teams of technical experts who deliver solutions custom-tailored to each client's needs. These scalable, flexible outcomes are shaped by deep market knowledge, thought leadership and our multi-industry expertise. Our integrated approach is rooted in 60 years of proven success deploying highly skilled professionals on a temporary and direct-hire basis. Each year, approximately 18,000 talented experts work with Fortune 500 and other leading companies. Together, we deliver Great Results Through Strategic Partnership and Knowledge Sharing®. Cautionary Note Regarding Forward-Looking Statements All statements made at this conference, other than those of a historical nature, are forward-looking statements including, but not limited to, statements regarding the return to a significant increase in investments from many companies, the backlog of strategically imperative technology investments, the leveraging by companies of flexible talent to advance their technology imperatives, any necessary adjustments to our business, investments in our long-term strategic priorities, retention of our most productive associates, and the Firm's guidance for the second quarter of 2025. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Factors that could cause actual results to differ materially include the following: general business conditions; the imposition of U.S. tariffs and Department of Government Efficiency (DOGE) actions, and their potential impacts on our operations and the broader economy; growth rate in temporary staffing and the general economy; competitive factors; risks due to shifts in the market demand; changes in client demand or our ability to adapt to such changes; a constraint in the supply of consultants and candidates or the Firm's ability to attract and retain such individuals; the success of the Firm in attracting and retaining its management team and key operating employees; changes in business or service mix; the ability of the Firm to repurchase shares and issue dividends; the occurrence of unanticipated expenses, income, gains or losses; the effect of adverse weather conditions; changes in our effective tax rate; our ability to comply with or respond to government regulations, laws, orders, guidelines and policies that impact our business; risk of contract performance, delays, termination or the failure to obtain new assignments or contracts, or funding under contracts; ability to comply with our obligations in a remote work environment, including consultants engaging in unauthorized or fraudulent activity; continued performance, security of, and improvements to, our enterprise information systems; and impacts of actual or potential litigation or other legal or regulatory matters or liabilities, including the risk factors and matters listed from time to time in the Firm's reports filed with the Securities and Exchange Commission, including, but not limited to, the Firm's Form 10-K for the fiscal year ended December 31, 2024, as well as assumptions regarding the foregoing. The terms 'should,' 'believe,' 'estimate,' 'expect,' 'intend,' 'anticipate,' 'plan' and similar expressions and variations thereof contained in this press release identify certain of such forward-looking statements, which speak only as of the date of this press release. As a result, such forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Future events and actual results may differ materially from those indicated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements and the Firm undertakes no obligation to update any forward-looking statements. View source version on CONTACT: Michael R. Blackman, Chief Corporate Development Officer (813) 552-2927 KEYWORD: UNITED STATES NORTH AMERICA FLORIDA INDUSTRY KEYWORD: FINANCE ACCOUNTING PROFESSIONAL SERVICES FINTECH HUMAN RESOURCES SOURCE: Kforce Inc. Copyright Business Wire 2025. PUB: 05/20/2025 07:30 AM/DISC: 05/20/2025 07:31 AM
