BGSF (NYSE:BGSF) Posts Quarterly Earnings Results, Misses Expectations By $0.16 EPS

BGSF (NYSE:BGSF – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.16), FiscalAI reports. BGSF had a negative net margin of 2.35% and a negative return on equity of 7.21%. The company had revenue of $25.13 million for the quarter, compared to analysts’ expectations of $27.00 million.

BGSF Stock Performance

NYSE BGSF traded down $0.16 during trading hours on Friday, reaching $3.37. The stock had a trading volume of 45,994 shares, compared to its average volume of 17,206. The stock has a fifty day moving average of $4.77 and a 200 day moving average of $5.47. The stock has a market cap of $35.99 million, a P/E ratio of -17.74 and a beta of 0.52. BGSF has a 52-week low of $3.23 and a 52-week high of $6.75.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of BGSF in a research note on Tuesday, September 29th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock has an average rating of “Sell”.

View Our Latest Report on BGSF

BGSF Company Profile

(Get Free Report)

BGSF Inc is a workforce solutions and professional services company that provides staffing, consulting and managed services to businesses across several industries. The company helps clients address temporary, contract, direct-hire and project-based workforce needs through specialized personnel and service offerings.

BGSF operates through professional staffing and property management services. Its professional services include information technology staffing and consulting, finance and accounting staffing, and other workforce solutions.

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Earnings History for BGSF (NYSE:BGSF)

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