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kforce Inc Issues Q1 2013 Guidance Below Analysts' Estimates


Tuesday, 5 Feb 2013 04:01pm EST 

kforce Inc announced that for first quarter of 2013, it expects revenues to be in the range of $268 million to $274 million range and earnings per share (EPS) in the range of $0.09-$0.12. Implicit in the first quarter's guidance is a $0.09-$0.10 sequential impact from payroll taxes and a $0.03-$0.04 impact from human capital investments. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $276 million and EPS of $0.14 for first quarter of 2013. 

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