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

BGSF (NYSE:BGSF) released its earnings results on Wednesday. The company reported ($0.07) 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 firm had revenue of $71.19 million during the quarter, compared to analysts’ expectations of $75.00 million. During the same period in the previous year, the firm posted $0.36 earnings per share.

BGSF Trading Down 4.9 %

BGSF traded down $0.38 during midday trading on Thursday, hitting $7.32. The company’s stock had a trading volume of 26,394 shares, 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 firm has a 50-day moving average price of $7.93 and a two-hundred day moving average price of $7.95. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 0.52. The firm has a market cap of $80.23 million, a P/E ratio of 34.86 and a beta of 1.65.

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.