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Kforce: 3Q Earnings Snapshot

·1 min read

TAMPA, Fla. (AP) _ Kforce Inc. (KFRC) on Monday reported third-quarter earnings of $18.8 million.

The Tampa, Florida-based company said it had net income of 89 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share.

The staffing company posted revenue of $365.4 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $363.5 million.

Kforce shares have decreased 11% since the beginning of the year. In the final minutes of trading on Monday, shares hit $35.44, a decline of 13% in the last 12 months.

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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