BG Staffing Inc (NASDAQ:BGSF) Expected to Post Quarterly Sales of $79.10 Million
Equities research analysts forecast that BG Staffing Inc (NASDAQ:BGSF) will report sales of $79.10 million for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for BG Staffing’s earnings, with the lowest sales estimate coming in at $77.36 million and the highest estimate coming in at $80.83 million. BG Staffing posted sales of $77.06 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 2.6%. The business is expected to report its next earnings report on Tuesday, October 29th.
On average, analysts expect that BG Staffing will report full year sales of $295.56 million for the current year, with estimates ranging from $292.74 million to $298.37 million. For the next financial year, analysts expect that the company will report sales of $315.18 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that follow BG Staffing.
BG Staffing (NASDAQ:BGSF) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.44 EPS for the quarter, beating the Zacks’ consensus estimate of $0.30 by $0.14. The business had revenue of $73.86 million during the quarter, compared to the consensus estimate of $74.57 million.
About BG Staffing
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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