Staffing 360 Solutions, Inc. (NASDAQ:STAF) is set to announce third quarter earning results on Tuesday 10th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, STAF to report 3Q20 loss of $ 0.21 per share.
For the full year, analysts anticipate top line of $ 211.82 million, while looking forward to income of $ 0.04 per share bottom line.
Previous Quarter Performance
Staffing 360 Solutions, Inc. unveiled loss for the second quarter of $ 0.59 per share, from the revenue of $ 43.36 million. The quarterly revenues declined 46.40 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.33 per share from $ 42.78 million in revenue. The bottom line results missed street analysts by $ 0.26 or 78.79 percent, at the same time, top line results outshined analysts by $ 0.58 million or 1.36 percent.
Stock Performance
Shares of Staffing 360 Solutions, Inc. traded up $ 0.10 or 8.52 percent on Monday, reaching $ 1.21 with volume of 990.20 thousand shares. Staffing 360 Solutions, Inc. has traded high as $ 1.30 and has cracked $ 1.14 on the downward trend
According to the previous trading day, closing price of $ 1.21, representing a 300.00 % increase from the 52 week low of $ 0.28 and a 66.47 % decrease over the 52 week high of $ 3.34.
The company has a market capital of $ 11.28 million and is part of the Industrials sector and Staffing & Employment Services industry.
Staffing 360 Solutions, Inc., a staffing company, engages in the acquisition of staffing companies in the United States and the United Kingdom. The company operates through three segments: Commercial – US, Professional – US, and Professional – UK. It focuses primarily on the staffing companies supporting accounting and finance, information technology, engineering, administration, and commercial disciplines.
