$0.41 Earnings Per Share Expected for BG Staffing Inc (NASDAQ:BGSF) This Quarter

Equities analysts expect that BG Staffing Inc (NASDAQ:BGSF) will announce earnings per share (EPS) of $0.41 for the current quarter, Zacks reports. Two analysts have issued estimates for BG Staffing’s earnings, with the lowest EPS estimate coming in at $0.40 and the highest estimate coming in at $0.41. BG Staffing reported earnings per share of $0.49 in the same quarter last year, which would suggest a negative year-over-year growth rate of 16.3%. The business is expected to issue its next earnings report on Tuesday, October 29th.

On average, analysts expect that BG Staffing will report full year earnings of $1.34 per share for the current fiscal year, with EPS estimates ranging from $1.30 to $1.37. For the next year, analysts forecast that the company will post earnings of $1.50 per share. Zacks’ EPS averages are an average based on a survey of analysts that cover BG Staffing.

BG Staffing (NASDAQ:BGSF) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.44 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.30 by $0.14. The business had revenue of $73.86 million for the quarter, compared to the consensus estimate of $74.57 million.

Shares of BGSF traded up $0.47 on Friday, reaching $18.83. 46,000 shares of the company’s stock were exchanged, compared to its average volume of 69,064. The business has a 50 day moving average price of $18.29 and a two-hundred day moving average price of $21.23. BG Staffing has a 12 month low of $15.91 and a 12 month high of $29.59.

BG Staffing Company Profile

BG Staffing, Inc provides temporary staffing services in the United States. It operates in three segments: Multifamily, Professional, and Commercial. The Multifamily segment offers temporary front office and maintenance personnel to the various apartment communities. The Professional segment provides skilled temporary IT professionals with expertise in SAP, Workday, Olik View, Hyperion, Oracle, project management, and other IT staffing skills, as well as finance, accounting, and related support personnel.

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