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Kforce: 1Q Earnings Snapshot

TAMPA, Fla. (AP) _ Kforce Inc. (KFRC) on Wednesday reported first-quarter earnings of $26.9 million.

On a per-share basis, the Tampa, Florida-based company said it had profit of $1.07. Earnings, adjusted to account for discontinued operations, came to 38 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share.

The staffing company posted revenue of $326.7 million in the period.

Kforce shares have risen 17% since the beginning of the year. The stock has climbed 36% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KFRC at https://www.zacks.com/ap/KFRC