BGSF (NYSE:BGSF) Posts Earnings Results, Misses Estimates By $0.18 EPS

BGSF (NYSE:BGSF) released its earnings results on Wednesday. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.18), Zacks reports. BGSF had a return on equity of 5.79% and a net margin of 0.71%. The business had revenue of $71.19 million for the quarter, compared to analysts’ expectations of $75.00 million. During the same quarter in the prior year, the business posted $0.36 EPS.

BGSF Price Performance

Shares of BGSF stock traded down $0.38 on Thursday, hitting $7.32. 26,394 shares of the company traded hands, compared to its average volume of 13,916. BGSF has a 52 week low of $6.40 and a 52 week high of $10.74. The business has a 50-day simple moving average of $7.93 and a 200 day simple moving average of $7.95. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.02 and a current ratio of 2.02. The stock has a market capitalization of $80.23 million, a P/E ratio of 34.86 and a beta of 1.65.

About BGSF

BGSF, Inc, together with its subsidiaries, provides consulting, managed services, and professional workforce solutions in the United States. It operates in two segments, Property Management and Professional. The Property Management segment offers office and maintenance field talent to various apartment communities and commercial buildings.