Kforce reports Q3 EPS 63c, consensus 56c

Reports Q3 revenue $332.6M, consensus $328.24M. Joseph J. Liberatore, President and Chief Executive Officer, said, “We are pleased with our performance in the third quarter where we exceeded both top and bottom line expectations led by better-than-expected results in both our Technology and FA businesses. We are particularly encouraged that, following the early third quarter lows, consultants on assignment in our Technology segment improved throughout the third quarter. Our team has also done a nice job stabilizing and now meaningfully growing our FA business sequentially. The momentum has largely been carried into the fourth quarter, which puts us in a position to expect to deliver sequential billing day growth in both our Technology and FA businesses in the fourth quarter.”