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Stock impact report

Strong Demand Drives Expectation of Revenue and EPS in Excess of Q4 Guidance; Government Business Not Expected to Be Significantly Impacted by Shutdown; In View of Recent Market Volatility...

Kforce, Inc. (KFRC) 
Last kforce, inc. earnings: 2/5 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.kforce.com/investor-relations
Company Research Source: GlobeNewswire
TAMPA, Fla., Dec. 26, 2018 (GLOBE NEWSWIRE) -- Kforce Inc. (Nasdaq: KFRC), a provider of professional staffing services and solutions, today indicated that it expects to exceed both Q4 revenue guidance of $349 to $354 million and earnings per share guidance (EPS) of $0.56 to $0.58. David L. Dunkel, Chairman and CEO, said, “Over the past few months, and in particular the past few weeks, there has been increasing market volatility which has dramatically impacted public company valuations. The volatility in the professional staffing sector may specifically be due to a perception that a slowing economy could significantly reduce the demand for our services. Quite to the contrary, trends for our Tech Flex business have steadily improved, with pre-holiday December being the strongest month of the quarter on a billing day basis. As a result, we now expect to exceed both our revenue and EPS guidance this quarter. We believe these trends are yet another solid data point confirming the secul Show less Read more
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