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

BGSF (NYSE:BGSF) released its quarterly earnings results on Wednesday. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.18), Zacks reports. BGSF had a net margin of 0.71% and a return on equity of 5.79%. The firm 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 earned $0.36 EPS.

BGSF Price Performance

Shares of BGSF stock traded down $0.38 on Thursday, reaching $7.32. The company’s stock had a trading volume of 26,394 shares, compared to its average volume of 13,916. The stock’s fifty day simple moving average is $7.93 and its 200-day simple moving average is $7.95. BGSF has a 1 year low of $6.40 and a 1 year high of $10.74. The company has a market capitalization of $80.23 million, a price-to-earnings ratio of 34.86 and a beta of 1.65. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 0.52.

BGSF Company Profile

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.