logo
Kforce Inc. to Announce Second Quarter Results on July 28, 2025

Kforce Inc. to Announce Second Quarter Results on July 28, 2025

Business Wire09-07-2025
TAMPA, Fla.--(BUSINESS WIRE)--Kforce Inc. (NYSE: KFRC), a provider of professional staffing services and solutions, will release second quarter results post-market on Monday, July 28, 2025, followed by a conference call at 5:00 pm ET to discuss the results. The dial-in number is (800) 715-9871 and the conference passcode is 'Kforce'. A replay of the call will be available on our website at https://investor.kforce.com for one year after the call.
About Kforce Inc.
Kforce Inc. (the 'Firm') is a solutions firm specializing in technology, finance and accounting, and other professional staffing services. Our KNOWLEDGEforce ® empowers industry-leading companies to achieve their digital transformation goals. We curate teams of technical experts who deliver solutions custom-tailored to each client's needs. These scalable, flexible outcomes are shaped by deep market knowledge, thought leadership and our multi-industry expertise.
Our integrated approach is rooted in 60 years of proven success deploying highly skilled professionals on a temporary and direct-hire basis. Each year, approximately 18,000 talented experts work with Fortune 500 and other leading companies. Together, we deliver Great Results Through Strategic Partnership and Knowledge Sharing ®.
Cautionary Note Regarding Forward-Looking Statements
All statements in this press release, other than those of a historical nature, are forward-looking statements including, but not limited to, statements regarding the return to a significant increase in investments from many companies, the backlog of strategically imperative technology investments, the leveraging by companies of flexible talent to advance their technology imperatives, any necessary adjustments to our business, investments in our long-term strategic priorities, retention of our most productive associates, and the Firm's guidance for the second quarter of 2025. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Factors that could cause actual results to differ materially include the following: general business conditions; the imposition of U.S. tariffs and Department of Government Efficiency (DOGE) actions, and their potential impacts on our operations and the broader economy; growth rate in temporary staffing and the general economy; competitive factors; risks due to shifts in the market demand; changes in client demand or our ability to adapt to such changes; a constraint in the supply of consultants and candidates or the Firm's ability to attract and retain such individuals; the success of the Firm in attracting and retaining its management team and key operating employees; changes in business or service mix; the ability of the Firm to repurchase shares and issue dividends; the occurrence of unanticipated expenses, income, gains or losses; the effect of adverse weather conditions; changes in our effective tax rate; our ability to comply with or respond to government regulations, laws, orders, guidelines and policies that impact our business; risk of contract performance, delays, termination or the failure to obtain new assignments or contracts, or funding under contracts; ability to comply with our obligations in a remote work environment, including consultants engaging in unauthorized or fraudulent activity; continued performance, security of, and improvements to, our enterprise information systems; and impacts of actual or potential litigation or other legal or regulatory matters or liabilities, including the risk factors and matters listed from time to time in the Firm's reports filed with the Securities and Exchange Commission, including, but not limited to, the Firm's Form 10-K for the fiscal year ended December 31, 2024, as well as assumptions regarding the foregoing. The terms 'should,' 'believe,' 'estimate,' 'expect,' 'intend,' 'anticipate,' 'plan' and similar expressions and variations thereof contained in this press release identify certain of such forward-looking statements, which speak only as of the date of this press release. As a result, such forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Future events and actual results may differ materially from those indicated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements and the Firm undertakes no obligation to update any forward-looking statements.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Flowers Foods Trims Annual Outlook As Bread Demand Softens
Flowers Foods Trims Annual Outlook As Bread Demand Softens

Yahoo

time6 minutes ago

  • Yahoo

Flowers Foods Trims Annual Outlook As Bread Demand Softens

Flowers Foods, Inc. (NYSE:FLO) shares are trading lower on Friday. The company reported a second-quarter adjusted earnings per share of 30 cents, which is in line with the analyst consensus estimate. Quarterly sales of $1.242 billion (+1.5% year over year) missed the Street view of $1.266 billion. 'Macroeconomic uncertainty and shifting consumer demand have continued to pressure the bread category,' said Ryals McMullian, chairman and CEO of Flowers decreased 1.2% in the quarter under review, while volume declined 2.4%. Net income decreased 12.8% to $58.4 million, representing 4.7% of sales, an 80-basis point decrease, primarily due to greater outside purchases, increased workforce-related costs, and higher interest expense. Adjusted net income decreased 16% to $63.4 million. View more earnings on FLO Adjusted EBITDA decreased 4% to $137.7 million. Adjusted EBITDA margin was 11.1% of net sales, down 60 basis points. 'We are proactively working to mitigate this weakness with disciplined cost savings efforts,' the CEO added. Simple Mills contributed $61.4 million in net sales, with a net loss of $2.1 million. The company exited the quarter with cash and equivalents worth $11.045 million. Long-term debt as of quarter-end expanded to $1.749 billion, compared with $1.021 billion as of December 28, 2024. Outlook Flowers Foods cut its FY2025 adjusted EPS forecast to $1.00–$1.10, down from its prior view of $1.05–$1.15. The revised outlook compares with the consensus estimate of $1.09. The company also lowered its FY2025 sales guidance to a range of $5.021 billion–$5.083 billion from $5.079 billion–$5.170 billion. This new sales forecast falls short of the Street's expectation of $5.310 billion. Price Action: FLO shares are trading lower by 2.63% to $16.11 at last check Friday. Read Next:Photo by Kritchai7752 via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Flowers Foods Trims Annual Outlook As Bread Demand Softens originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio

Best's Market Segment Report: AM Best Maintains Negative Outlook on Brazil Reinsurance Market
Best's Market Segment Report: AM Best Maintains Negative Outlook on Brazil Reinsurance Market

Yahoo

time6 minutes ago

  • Yahoo

Best's Market Segment Report: AM Best Maintains Negative Outlook on Brazil Reinsurance Market

MEXICO CITY, August 15, 2025--(BUSINESS WIRE)--AM Best is maintaining a negative outlook on Brazil's reinsurance market segment, citing in part political uncertainty and tax reform measures that are pressuring industry profitability. In addition to the approaching 2026 elections, regulatory restrictions on foreign assets have limited domestic reinsurers' growth abroad, according to the Best's Market Segment Report. According to the report, Brazil's reinsurance market continues to recover, but a favorable trend needs to be sustained. AM Best will consider the outlook to be stable when the volatility of the industry's technical and bottom-line results narrows, coupled with positive technical income, amid the new tax reforms taking place in the country. Brazil's gross domestic product grew by 3.9% in 2024, despite an atmosphere of economic uncertainty. Strong private consumption has driven an increase in demand, while growth in services and agriculture contributed to growth on the supply side. However, the Brazilian real has undergone a significant devaluation, reaching 6.18 BRL/USD, as of 30 December 2024. Annual growth in Brazil's reinsurance segment was driven by the property, special risks, aeronautics and financial risk lines of business. This was offset by a decrease in the agricultural and marine business lines at the end of 2024. "Agricultural reinsurance can be considered a natural catastrophe-like exposure that leaves the sector vulnerable, but this is being mitigated by innovative techniques that now monitor climate risks," said Ricardo Rodriguez Perez, senior financial analyst, AM Best. "Despite these initiatives, agriculture reinsurance declined by 47%." Among the report's other highlights: Recent tax changes applied to Brazilian insurers and reinsurers have pressured profitability in 2025. These changes increase the tax applied to foreign exchange transactions, with offshore reinsurers paying more than triple the taxes than in previous years. A deceleration in reinsurance industry growth shows the improvement in risk selection from local or domestic reinsurers, but also reflects the increase of premium ceded by these insurers to reinsurers offshore. Brazil's (re) insurance segment has benefited from higher interest rates paid on its invested reserves. Investment income has contributed significantly to the profitability of Brazil's reinsurance industry, leading to positive bottom-line results for 2023 and 2024. To access the full copy of this market segment report, please visit AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on Contacts Ricardo Rodriguez Perez Financial Analyst +52 55 1102 2720, ext. 139 Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 Al Slavin Senior Public Relations Specialist +1 908 882 2318 Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Buffett's War Chest: Berkshire Preps for the Next Big Crash
Buffett's War Chest: Berkshire Preps for the Next Big Crash

Yahoo

time6 minutes ago

  • Yahoo

Buffett's War Chest: Berkshire Preps for the Next Big Crash

Warren Buffett (Trades, Portfolio), a living legend in modern investment world, has long preached: Be fearful when others are greedy, and greedy when others are fearful. And now Berkshire Hathaway (NYSE:BRK.B), Buffet's conglomerate company, seems to be in fearful mode. Warning! GuruFocus has detected 5 Warning Sign with UNH. Berkshire has been a net seller of equities for seven consecutive quarters while the indexes continue scoring new highs. And based on its actions, it seems that Berkshire is preparing to face the possibility of the recession; piling up cash, cutting its banking exposure while simultaneously increasing its bond investment are clear indicators of Berkshire's strategic way toward safer investment position. Berkshire Braces Up For Recession In Q1 2025, Berkshire Hathaway completely liquidated its stake in Citigroup, selling all 14.6 million shares that worth about $1 billion and it also reduced its holdings in Bank of America and Capital One, 7% and 4% respectively. As of mid 2025, Berkshire reportedly owns 5% of the entire short-term U.S. treasuries. Berkshire has instead shifted to U.S. government bonds, mainly short-term Treasuries paying about 4.3%. Long-term bonds? Not sexy enough to Buffett at this moment. And, now, Berkshire is just sitting on a record of a cash pile of US$ 277 billion! It appears to be preparing its ammunition for a potential market crash, and Berkshire has a history of going on buying sprees during recessions. During the 2008 financial crisis, Berkshire had invested US$230 million in Chinese EV firm BYD, which earned it a 10 percent stake. That bet became worth more than US$8 billion dollars when the investment was realized. Investment in BYD (BYDDF) is just one sample. Under Buffett's leadership, Berkshire has a well-documented history of bold investment during recessions including Goldman Sachs, General Electric, railroad company Burlington Northern Santa Fe, Kraft Foods (which later regretted), Wells Fargo, UnitedHealth, U.S. Bancorp, Snowflake, Bank of America, Occidental and Chevron, and many more. As people were panicking, Berkshire was going on NYSE shopping sprees. Buffett literally does what he preaches; buy on lows, sell on highs - be fearful when others are greedy and be greedy when others are fearful. Good Research is The Start What Buffett does is a matter of timing and patience through opportunities. Good research is his advantage to be preparred in volatile markets, and it should be yours too. The better you are informed, the more cleverly you will invest. And GuruFocus is a great starting point to enhance your research. You can access freshly updated portfolios of top-notch investors like Buffett and even apply his investment approaches to filter stocks the Buffett way or any other ways adopted by other investing gurus. Additionally, the platform provides insider trading information and 30 years of financial data on thousands of companies. Berkshire's Most Recent Move As it has been pruning U.S. financials, Berkshire has been quietly growing its presence in Japan industrial giants. It currently has more than 10 per cent shareholding in five large Japanese trading companies: Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo. These companies cover commodities, shipping, and steel and Berkshire receives an $812 million annual dividend on these stocks. Buffett is also increasing bets in infrastructure-intensive energy assets, subscription-based companies and artificial intelligence-friendly technology firms, such as Berkshire Hathaway Energy (BHE), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN) and Sirius XM. And in the meantime,. Buffett finds no real value and thin upside potential in property sector. You can check Warren Buffett (Trades, Portfolio)'s portfolio and his investment history now in GuruFocus! This article first appeared on GuruFocus. Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store