$79.10 Million in Sales Expected for BG Staffing Inc (NASDAQ:BGSF) This Quarter

Brokerages expect BG Staffing Inc (NASDAQ:BGSF) to report $79.10 million in sales for the current fiscal quarter, Zacks reports. Two analysts have made estimates for BG Staffing’s earnings, with estimates ranging from $77.36 million to $80.83 million. BG Staffing posted sales of $77.06 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 2.6%. The business is expected to announce its next earnings results on Tuesday, October 29th.

According to Zacks, analysts expect that BG Staffing will report full year sales of $295.56 million for the current fiscal year, with estimates ranging from $292.74 million to $298.37 million. For the next year, analysts forecast that the firm will report sales of $315.18 million. Zacks’ sales calculations are an average based on a survey of research analysts that that provide coverage for 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 consensus estimate of $0.30 by $0.14. The firm had revenue of $73.86 million during the quarter, compared to analyst estimates of $74.57 million.

Shares of BG Staffing stock traded up $0.47 on Monday, hitting $18.83. The company had a trading volume of 46,000 shares, compared to its average volume of 69,064. The business has a 50-day simple moving average of $18.29 and a 200-day simple moving average of $21.23. BG Staffing has a 52 week low of $15.91 and a 52 week high of $29.59.

BG Staffing Company Profile

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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